Obama Calls for CO2 Cuts; De Boer Sees Progress on Green-Tech Plan

Accepting his Nobel Peace Prize in Oslo, U.S. President Obama said that failing to address global warming could lead to growing conflict in the world as rising temperatures cause climate-related upheaval and an increase in natural disasters. “The world must come together to confront climate change,” Obama said in his Nobel acceptance speech, as the climate conference in nearby Copenhagen entered its fourth day. “There is little scientific dispute that if we do nothing, we will face more drought, famine, and mass displacement that will fuel more conflict for decades.” At a subsequent press conference, Obama threw his support behind a plan under which industrialized nations would pay poorer nations not to cut down their tropical rainforests. Obama showed a good grasp of the details of the plan, known as REDD — Reducing Emissions from Deforestation and Forest Degradation. “I am very impressed with the model that has been built between Norway and Brazil that allows for effective monitoring and ensures that we are making progress in avoiding deforestation of the Amazon.” Obama said. “It’s probably the most cost-effective way for us to address the issue of climate change.” Developing a mechanism for REDD programs worldwide is one of the key goals of the Copenhagen climate summit.
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