China Says Scrapping Kyoto Treaty Would Threaten Climate Talks - BusinessWeek

Dec. 2 (Bloomberg) -- China said that scrapping the 1997 Kyoto protocol on global warming would threaten chances for an agreement to curtail climate change at a United Nations meeting in Cancun, Mexico this week and next.

“The Kyoto Protocol is the very basis of the framework to address climate change through international cooperation and it’s the indispensable pillar of the system,” China’s lead negotiator, Su Wei, told reporters in the Mexican resort. “If the pillar is collapsed, you can guess the consequences.”
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Earlier today, the UN’s lead diplomat organizing the talks ruled out an agreement on extending Kyoto at this year’s talks.