Wednesday, March 11, 2009

UN climate chief: US carbon cuts could spark 'revolution'

The head of the UN body charged with leading the fight against climate change has conceded that Barack Obama will face a "revolution" if he commits the US to the deep carbon cuts that scientists and campaigners say are needed.

Rajendra Pachauri, head of the Intergovernmental Panel on Climate Change (IPCC), said domestic political constraints made it impossible for the US president to announce ambitious short-term climate targets similar to those set by Europe. And he questioned the value of a new global climate deal without such a US pledge.

All this pressure from the U.N. is to replace the Kyoto Protocal which expires in 2012. They are also saying that Obama basically needs to baby step this process in order to not create a revolution. So keep a weathered eye on anything pertaining to the petroleum industry.

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