"Rich vs. Poor Clash at Copenhagen Over Money" [1]
"COPENHAGEN (AP) -- Negotiators on Wednesday worked to bridge the chasm between rich and poor countries over how to share the burden of fighting climate change, and a top U.S. envoy was to highlight the Obama administration's efforts to curb greenhouse emissions.
Lumumba Di-Aping of Sudan, the head of the 135-nation bloc of developing countries, said the $10 billion a year that has been proposed to help poor nations fight climate change paled in comparison to the more than $1 trillion already spent to rescue financial institutions.
'If this is the greatest risk that humanity faces, then how do you explain $10 billion?' he said. 'Ten billion will not buy developing countries' citizens enough coffins.'"
John Heilprin reports for the Associated Press December 9, 2009. [2]
See Also:
"Climate Deal Likely to Bear Big Price Tag" (New York Times)
[3]
"Smaller Nations Weigh Power of the Walkout" (New York Times) [4]
"G77 Says Danish Climate Text 'Threatens Success' of UN Talks" (AFP) [5]
"Leaked Climate Draft Disturbs Copenhagen Deliberations" (ENS) [6]
"China Demands More From Rich To Unlock Climate Talks" (Reuters) [7]
"Hottest Plan at Climate Talks Never Got Onto Table" (Bloomberg) [8]