US To Hold Climate Talks

(25 May 09 - RV) The United States will persuade rich and poor countries to share the burden of
fighting climate change this week, with a big U.S. pledge to cut greenhouse gas emissions likely to help mend ties. Washington will hold talks among major economies, including China, the European Union, Russia, India and Japan, in Paris on May 25 and 26 to search for common ground on issues such as how to cut fossil fuel use and promote clean technologies

Eary last week, a key US congressional panel embraced US President Obama’s plan to create a new, market-driven system for reducing greenhouse gas emissions. We spoke with Washington based energy analyst, James Lucier who said that the sense of urgency to impose regulations will be tempered by the price tag…