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SIIA Chairman Simon Tay on APEC and Climate Change, Reuters 11 Nov 2009

Updated On: Nov 12, 2009

Analysts say that fears over trade and the economy limit the climate focus in APEC. However, APEC backs limiting the global average temperature increase to within 2 degrees Celsius and for emissions to peak within the next few years and then fall by 50 percent from 1990 levels by 2050.
Boosting clean-tech trade an easy win, analysts say, but protectionism and "carbon tariffs" remain a worry.

"Rather than looking for positive ways to win-win, we are turning to win-lose," said Simon Tay, Schwartz Fellow of the U.S.-based Asia Society.

Read more:
http://www.reuters.com/article/latestCrisis/idUSSP472282

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