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Posted Mon Sep 7 2009: from COP15:
G-20 talks on climate 'not satisfactory'
Finance ministers from the Group of Twenty meeting in London on Saturday were unable to find common ground on how to finance climate change. Differences between rich and developing countries were too big, Reuters reports. British Finance Minister Alistair Darling said there had been "very substantial" discussion on the topic, but no specific measures were agreed. "I am also a little disappointed by the lack of positive commitment today," European Union Economic and Monetary Affairs Commissioner Joaquin Almunia said. Swedish Finance Minister Anders Borg, representing the European Union, agreed the outcome was "not satisfactory."
[Read more stories about: bad policy, economic myopia]

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Geoff says: "And still they dither while the world burns."

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'Doc Jim says:
Maybe that's because the rich countries want to keep what they have, and not pay for it?

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