Campaigners slammed Australia on the final day of a U.N. climate summit on Frida...
MADRID - Campaigners slammed Australia on the final day of a U.N. climate summit on Friday as its policy of using old carbon credits to count toward future emissions targets emerged as a major sticking point in negotiations.
Australia wants to use carbon credits assigned to developed economies under the Kyoto Protocol, a precursor climate accord, to meet its greenhouse gas targets under the Paris accord. “There’s bushfires that are ravaging Australia right now that are clearly linked to climate change and that are choking Australia’s largest cities with all the smoke,” Merzian told Reuters at the two-week negotiations in Madrid.
“We can only reduce emissions as fast as the deployment of commercially viable technology allows,” Taylor told delegates.
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