Poznan talks going nowhere fast

It now looks even less likely that a global deal on emissions will be reached in Copenhagen in 2009, as more and more countries get cold feet about the harsh realities of emissions reductions, and talks in Poznan get bogged down:

The executive secretary of the UN Framework Convention on Climate Change, Yvo de Boer, said it was possible only ''the key political issues'' would be nailed down by this deadline [2009] and further talks needed to complete the details of the accord.

''We won't see a fully elaborated, long-term agreement in Copenhagen in 2009. It won't be feasible,'' Mr de Boer said.

Australia will reveal its 2020 target under the government's wrongly-named "Carbon Pollution Reduction Scheme" on Monday, widely expected to be between 5 and 15%. This is much less than the enviro-loonies are demanding, and shows that even Krudd & Co are secretly aware of the damage a higher target would inflict on Australia's economy. Watch this space!

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