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No Deal Yet in Copenhagen, But US Announces Aid of 100 billion by 2020
December 18, 2009 06:17 AM - Richard Cowan and Alister Doyle, Reuters
The United States tried to break a deadlock in UN climate talks on Thursday with a pledge to help mobilize $100 billion a year by 2020 to assist poor nations, but pointedly warned China it must accept tough requirements. U.S. Secretary of State Hillary Clinton made the dramatic announcement with less than two days remaining for an international summit aimed at reducing global emissions of carbon dioxide pollution linked to climate change. Some world leaders were voicing fears the talks could end in failure. "We have come to Copenhagen ready to take the steps necessary to achieve a comprehensive and an operational new agreement," Clinton said at a press conference.

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