Morgan Stanley
India | Sunday, 20 July 2008
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After praise for Bali climate deal: the hard part

By Alister Doyle
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Posted 16 December 2007 @ 02:52 pm GMT

A "historic" Bali deal. A "Berlin Wall" dividing rich and poor nations on global warming policy falls. A "new chapter" for Washington after six years of climate disputes with many of its allies.

U.N. Secretary-General Ban Ki-moon (L) and President of the 13th session of the Conference of the Parties, Rachmat Witoelar (R) applause Indonesian President Susilo Bambang Yudhoyono after he gave a speech at the UN Climate Change Conference in Nusa Dua,
U.N. Secretary-General Ban Ki-moon (L) and President of the 13th session of the Conference of the Parties, Rachmat Witoelar (R) applause Indonesian President Susilo Bambang Yudhoyono after he gave a speech at the UN Climate Change Conference in Nusa ...
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bali change climate gas global greenhouse warming

And now comes the hard part.

After all the praise for the agreement hammered out at the 190-nation Bali meeting to work out a long-term climate treaty involving all nations by late 2009, governments will have to work out the details.

"We will have two tremendously demanding years, starting right in January," said Humberto Rosa, head of the European Union delegation, after a dramatic U.S. U-turn on Saturday paved the way for a deal to start negotiations on a global pact.

The world has a lot to do to slow soaring emissions and time is running short, even though the U.N. Climate Panel says warming can be beaten at a cost below 0.1 percent of world gross domestic product annually until 2030.

Negotiators left Bali speaking of a historic breakthrough and promising urgent action to fight climate change that could bring more floods, droughts, storms, heatwaves and rising seas.

But in the marathon talks on the Indonesian resort island they spent more than 7 hours one night, for instance, arguing over whether the final text should urge poor countries to take "action" or make a "contribution" to combating climate change. The phrase "cut emissions" was not used.

Working out a fair share of the burden between the United States, China, Russia and India, the top four greenhouse gas emitters, and the rest of the world will be one of the most complex diplomatic puzzles in history.

U.S. PRESIDENT

The talks will test relations between rich and poor and may be partly in limbo until a new president takes office in the White House after George W. Bush steps down in January 2009. Few want to make promises until new U.S. policies are clear.

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