Mexico presses for emissions economics

At the world economic forum being held in Davos, Switzerland an unlikely proponent for climate change in developing nations funding and greenhouse emissions curbing legislation came forth.  The unlikely spokesman was Mexico’s president Felipe Calderon.  While one might expect Calderon, on behalf of Mexico, to seek funding for technology related to cutting greenhouse gas emissions, it might not have been expected that he would press as he did for all of the world’s richest nations to definitively take steps in contrast to the failure of the 2009 Copenhagen climate change conference.

It was the opinion of Mr. Calderon that the first step to controlling greenhouse gas emissions is to put into place an economic mechanism for development and implementation of clean Earth technologies. Mexico, which would have to be classed as a developing nation, is willing to submit to binding legislation for control of greenhouse gas emissions.  This attempt to resurrect the overall goals of the Copenhagen conference follows the announcement by the United States that it would pledge to cut its own greenhouse gas emissions by 17% by the year 2020.

Both China and India have yet to submit any target goals for their countries’ diminishment of greenhouse gas emissions.  However, in response to the U.S. pledge, China has announced its continued determination to meet its internal goal of a 40 to 45% reduction in greenhouse gas emissions overall when weighed against the 2002 standard.

Calderon further called for the private sector to build and develop clean energy production facilities in developing nations of their own accord.  Mexico holds a unique position in that due to its stable government and overall strong financial base it serves as a prime target for exactly such private sector industrial investment.

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