03 Dec '11, 10am

China may agree to binding CO2 cuts - envoy

DURBAN (Reuters) - China gave U.N. climate talks a lift on Friday by confirming it may sign up to a legally binding deal to cut emissions of heat-trapping gases, a move that could help rescue talks about the future of the Kyoto Protocol, observers said. Delegates from more than 190 nations are in the coastal city of Durban to try to break a four-year deadlock to secure a new global deal that will bind countries to cut and slow down growth in emissions of six main greenhouse gases. "We do not rule out the possibility of legally binding. It is possible for us, but it depends on the negotiations," Su Wei, China's lead negotiator, said - speaking in English - at a media briefing on the sidelines of the two-week talks in South Africa. The EU has said it will sign up to a second round of targets under the 1997 Kyoto Protocol, but only if all big emitters agree legally binding cu...

Full article: http://sg.news.yahoo.com/china-could-agree-binding-co2-cu...

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