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U.N. Talks Extend Kyoto Protocol

There will continue to be one legally binding climate plan in the world. The United Nations climate talks in Doha have ended with an extension to the Kyoto Protocol, which was set to expire this year, and legally obligates 35 nations to cut their greenhouse-gas emissions. Additionally, an agreement was formed that wealthy nations should begin compensating developing nations who suffer losses due to climate change. The conference participants plan to phase out the protocol with a new global pact that will bind rich and poor countries together in tackling climate change. U.N. Secretary-General Ban Ki-Moon welcomed the deal but noted that "far more needs to be done.”

December 8, 2012 4:19 PM