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This December, representatives from some 200 nations will meet in Copenhagen to tackle the problem of global warming. Their focus will be on limiting the emissions of greenhouse gases that come mostly from wealthy nations. The talks will build on the framework set by the Kyoto Protocol in 1997. This time around, the pieces are in place for a major confrontation between the U.S. and China. In the last century, the U.S. and the Soviet Union faced off in a Cold War that saw a massive buildup of nuclear weapons. Today, a new Cold War could develop...

Author: /time Magazine | Title: Forward Trading Between the U.S. and China | 10/5/2009 | See Source »

...fundamental challenge the Kyoto Protocol has failed to overcome is the divide between rich and poor nations. At present, 60% of all carbon emissions come from rich industrial nations that house only 20% of the world's population but use most of the world's resources. Developing nations, home to 80% of the world's population, are responsible for just 40% of all emissions. (See the top 10 green ideas...

Author: /time Magazine | Title: Forward Trading Between the U.S. and China | 10/5/2009 | See Source »

...Chichilnisky, a professor of economics and statistics at Columbia University, helped design the Kyoto Protocol's international carbon market. She is the co-author of Saving Kyoto

Author: /time Magazine | Title: Forward Trading Between the U.S. and China | 10/5/2009 | See Source »

...essentially tied at the U.N. climate-change summit in Copenhagen three months from now. They can't commit the U.S. to carbon cuts internationally if the Senate won't support them at home. That was the pitfall former President Bill Clinton failed to avoid with regard to the Kyoto Protocol - and Obama won't repeat his mistake...

Author: /time Magazine | Title: Proposed U.S. Carbon Cuts: All Bark, No Bite? | 10/1/2009 | See Source »

...Anti-Corruption Commission resigned. (Outrage had followed Kibaki's decision to reappoint Aaron Ringera earlier this month despite his failure to confront corruption.) Though Ringera's resignation was considered a good sign, the Kenyan government's primary response to the letters was to accuse Obama of a breach of protocol for writing to the 15 officials directly rather than to Kibaki. Instead of acknowledging the slow pace of reform, Foreign Minister Moses Wetangula suggested that actions like the U.S.'s could "precipitate the hardening of the mood over the reform process." Then Kenyan officials blamed U.S. ambassador Michael Ranneberger...

Author: /time Magazine | Title: The Talk of Kenya: What Does Obama Have Against Us? | 10/1/2009 | See Source »

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