http://sbk.online.wsj.com/article/SB124949995562108653.html U.S. NEWS AUGUST 6, 2009
Beijing Softens Stand on Emissions Cap
By SHAI OSTER
BEIJING -- China signaled a slightly softer position on accepting a cap on the emissions that cause global warming, despite expressing frustration at the lack of a breakthrough on climate-change talks.
Disagreement over whether China and other developing countries should accept such emissions caps is a key impediment to negotiating a successor pact to the 1997 Kyoto Protocol on climate change in time for a planned December meeting in Copenhagen. China and the U.S. in recent months have made reaching a deal in time for Copenhagen a central element of their bilateral relationship.
Yu Qingtai, China's special envoy for the climate-change negotiations, emphasized the importance of reaching a deal. "The talks on climate change have been going on quite slowly. We only have a few months left before Copenhagen," said Mr. Yu, who welcomed efforts by the U.S. to pass a domestic climate bill. "The nature of the problem is such that we can't afford a failure."
Replacing the old pact, which expires in 2012, will be high on the agenda when U.S. President Barack Obama meets Chinese President Hu Jintao on the sidelines of a United Nations meeting in New York in September, and again when Mr. Obama visits China later in the year.
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