AIRLINK 191.54 Decreased By ▼ -21.28 (-10%)
BOP 10.23 Decreased By ▼ -0.02 (-0.2%)
CNERGY 6.69 Decreased By ▼ -0.31 (-4.43%)
FCCL 33.02 Decreased By ▼ -0.45 (-1.34%)
FFL 16.60 Decreased By ▼ -1.04 (-5.9%)
FLYNG 22.45 Increased By ▲ 0.63 (2.89%)
HUBC 126.60 Decreased By ▼ -2.51 (-1.94%)
HUMNL 13.83 Decreased By ▼ -0.03 (-0.22%)
KEL 4.79 Decreased By ▼ -0.07 (-1.44%)
KOSM 6.35 Decreased By ▼ -0.58 (-8.37%)
MLCF 42.10 Decreased By ▼ -1.53 (-3.51%)
OGDC 213.01 Increased By ▲ 0.06 (0.03%)
PACE 7.05 Decreased By ▼ -0.17 (-2.35%)
PAEL 40.30 Decreased By ▼ -0.87 (-2.11%)
PIAHCLA 16.85 Increased By ▲ 0.02 (0.12%)
PIBTL 8.25 Decreased By ▼ -0.38 (-4.4%)
POWER 8.85 Increased By ▲ 0.04 (0.45%)
PPL 182.89 Decreased By ▼ -0.14 (-0.08%)
PRL 38.10 Decreased By ▼ -1.53 (-3.86%)
PTC 23.90 Decreased By ▼ -0.83 (-3.36%)
SEARL 93.50 Decreased By ▼ -4.51 (-4.6%)
SILK 1.00 Decreased By ▼ -0.01 (-0.99%)
SSGC 39.85 Decreased By ▼ -1.88 (-4.51%)
SYM 18.44 Decreased By ▼ -0.42 (-2.23%)
TELE 8.66 Decreased By ▼ -0.34 (-3.78%)
TPLP 12.05 Decreased By ▼ -0.35 (-2.82%)
TRG 64.50 Decreased By ▼ -1.18 (-1.8%)
WAVESAPP 10.50 Decreased By ▼ -0.48 (-4.37%)
WTL 1.78 Decreased By ▼ -0.01 (-0.56%)
YOUW 3.96 Decreased By ▼ -0.07 (-1.74%)
BR100 11,697 Decreased By -168.8 (-1.42%)
BR30 35,252 Decreased By -445.3 (-1.25%)
KSE100 112,638 Decreased By -1510.2 (-1.32%)
KSE30 35,458 Decreased By -494 (-1.37%)

Countries including Canada are expressing interest in a US-led six-nation scheme to combat global warming set up after Washington rejected the UN's Kyoto Protocol, a US official said on Tuesday.
Even so, the administration of President George W. Bush is struggling to secure a requested $52 million from Congress for 2007 to fund the scheme launched last year with Japan, China, India, Australia and South Korea.
"We've certainly had expressions of interest" from other nations, Harlan Watson, the senior US climate negotiator, told Reuters on the fringes of UN climate talks in Bonn, Germany.
He noted that Canada's new Conservative government had clearly expressed interest last month. "I'm not sure of the whole range" of other countries expressing interest, he added, mentioning Singapore and Indonesia as possible.
"I think at this point there is a wait-and-see attitude. We have to demonstrate success," he said of the Asia-Pacific Partnership on Clean Development and Climate.
The partnership favours voluntary measures to cut emissions of heat-trapping gases and a sharing of new clean technology like solar power or hydrogen. The six countries are among the top emitters of heat-trapping gases, led by the United States.
Kyoto is stricter by obliging about 40 rich nations to cut emissions from power plants, factories and cars as a step to brake rising temperatures that may trigger wrenching changes such as desertification, more powerful storms and rising seas.
Bush pulled the United States out of Kyoto in 2001, saying that its caps would harm the US economy and that the scheme was unfair for excluding developing nations from a first period of reductions until 2012.
The Bush administration is seeking a total of $52 million in funds for the six-nation partnership for 2007, mostly $30 million from the State Department and with smaller amounts for other agencies.
Of the total so far, Watson said a House appropriations committee did not approve a $5 million request for the Environmental Protection Agency and that an energy sub-committee budget did not back a $15 million request.
"It is very difficult traditionally for domestic agencies to get funding for international initiatives. This is not unusual," Watson said, adding that there was still a long way to go before a final budget was agreed.
"The shortfall will not be helpful but we will do the best we can," he said, adding that "We're very encouraged by the interest in the private sector."
Watson also said that evidence for global warming seemed to be getting stronger but that there was still great uncertainty about how a warming would affect the planet.

Copyright Reuters, 2006

Comments

Comments are closed.