Efforts to develop sectoral approaches to reducing greenhouse gas emissions as part of the UN talks on climate change are failing, the chair of the working group on long-term cooperative action (AWG-LCA) said on Tuesday.
As it stands the text developed under the LCA group, one of Copenhagen's two negotiation tracks, refers only to cooperative sectoral approaches and sector-specific actions in agriculture, ENDS understands.
This will be a disappointment to European companies that had seen sectoral agreements as a way to shield them from carbon leakage risks, particularly in the cement and steel sectors. An alternative is to give them extra free carbon allowances.
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