08 Dec '11, 4pm

So #COP17 #Durban is rumoured to be close to a pretty significant deal:

Rumours are circulating at the UN's climate summit in Durban that a major deal could be reached in the next 24 hours, paving the way for a global emissions reduction treaty to be agreed by 2015. Unconfirmed reports suggest high level ministerial negotiations could be closing in on a breakthrough, with observers speculating that the EU and the China and G77 group of developing economies are close to a deal that could see the Kyoto Protocol extended and a roadmap agreed towards a parallel legally binding treaty. FURTHER READING US insists it supports EU calls for climate treaty roadmap Durban: Can a climate deal work if it is not global? A series of press conferences were cancelled this afternoon as closed door negotiations overran, prompting a flurry of excitement in the conference hall. The WWF's Samantha Smith told the RTCC website that China was "putting more detail on t...

Full article: http://www.businessgreen.com/bg/news/2131258/reports-durb...

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