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Brazil, Mexico Lawmakers Back Poor-Nation CO2 Limits

| Sourced From Bloomberg |

Brazilian and Mexican lawmakers backed a proposal to impose greenhouse-gas limits on some developing countries after 2020 as long as the richest nations first curb their output of emissions blamed for global warming.

The plan represents a departure from the traditional negotiating stance of most poor nations to reject any binding targets. The proposal was formed during a meeting of legislators from North and South American countries in Mexico City to address ways to stem carbon-dioxide emissions that contribute to climate change.

The group, known as Globe, aimed to boost communication between rich and poor nations ahead of United Nations-sponsored climate talks starting Dec. 1 in Poznan, Poland. The new proposal, which is not binding on their governments, hinges on developed countries acting first.


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