Analysts warn Hatoyama after success debut - COP15 United Nations Climate Change Conference Copenhagen 2009

Japan’s new Prime Minister will soon have to face the political consequences of his pledge to reduce Japanese greenhouse gas emissions by 25 percent.
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Some business leaders have warned the 25 percent reduction may force ailing manufacturers to flee overseas and estimated the burden at 4,000 dollars (360,000 yen) per Japanese individual each year.

The Associated Press: US says climate bill might not pass in time

David Victor, a political scientist who has written about climate negotiations since 1990, said it is unlikely a comprehensive treaty can be finalized this year.

"The world economic recession has made most governments acutely aware of policies that could affect economic growth," he said. "And the range of issues on the table in Copenhagen is so large and complex and the time available to sort them out is very short."

[Again: Global warming fraud used to argue for redistribution of wealth]

A restructured world economic order is needed to strengthen the small economies on the basis of a just and equitable distribution of the benefits stemming from the production of wealth, Paraguayan President Fernando Lugo Méndez said today.

He told heads of State and government assembled at UN Headquarters in New York that “the unequal trade relations must end and effective policies of solidarity must be developed for the countries that suffer geographic and climatic adversity.”
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He called for an end to the “criminal aggression against the environmental,” noting that states who are most responsible for global warming “are not assuming their obligations in face of the growing socio-environmental debt that they are causing, maintaining and increasing a clearly unjust situation that must be reversed.”

Only multilateralism can solve current challenges, President Bharrat Jagdeo of Guyana pointed out.