Posted: 10/28/2008
China has set a price on worldwide cooperation to battle climate change.
A senior Chinese official Tuesday unveiled a plan to help impoverished countries fight climate change. China is asking wealthy countries to give one percent of their gross domestic product, or GDP to help developing countries deal with the issue.
China will offer details of its proposal at a conference scheduled for next week. The conference will gather together representatives from the United States and Europe along with many wealthy and impoverished countries.
With a population of 1.3 billion people and a rapidly growing economy, many experts say China's emissions of greenhouse gases has surpassed that of the United States.
The current Kyoto protocol is a United Nations backed agreement to fight climate change, but under this agreement, China and other developing countries do not shoulder specific goals to contain emissions.
Copyright 2008 The E.W. Scripps Co. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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