"International negotiations on how to set up new carbon markets to cut greenhouse gas levels broke down over the weekend in Warsaw, sources said, after developing nations refused to progress the issue before rich nations increase efforts to cut their own emissions."

"More than 9,000 delegates from almost 200 countries are gathered in the Polish capital for November 11-22 United Nations-sponsored meetings aimed at forging by 2015 a new treaty to fight climate change, which would enter into force after 2020.

Sources said negotiators were unable to agree, before the start of high-levels talks beginning on Monday, proposals to develop new carbon markets and link them together through common accounting and transparency standards."
 
Stian Reklev and Michael Szabo report for Reuters November 13, 2013. [2]

SEE ALSO:

"Rich Nations Spurn Call To Use History To Guide U.N. Climate Deal" (Reuters) [3]

"Japan's New CO2 Goal Dismays U.N. Climate Conference" (Reuters) [4]

"Australia, Canada Block Commonwealth Climate Fund" (Australian) [5]

"Coal Fires Green Anger At UN Climate Talks" (BBC) [6]

"UN Sets Out Roadmap to 2015 Climate Pact" (Bloomberg) [7]

"Tense Week Ahead For UN Climate Talks" (AP) [8]
 
"Climate: A 2015 Treaty? Don't Bother, Congress Says" (E&E Daily) [9]

"U.S. Negotiating Team Brings Blueprint for Voluntary Climate Pact" (ClimateWire) [10]