WASHINGTON -U.S. climate envoy John Kerry said on Wednesday that big greenhouse gas emitting countries like China, India, Russia and others must move faster to help the world avert the worst impacts of global warming.
"And that means you have China, India, Russia, Brazil, Mexico, Indonesia, South Africa, a group of countries that are going to have to step up," Kerry said in an interview at the Reuters Next conference.Kerry said Washington was engaging with some of these developing countries to help them accelerate a transition to cleaner forms of energy and reduce emissions.
These governments say they lack the financial support required to transition to cleaner energy. And they point out that wealthy nations responsible for the bulk of historical emissions have been able to rely on these high-carbon fuels for more than a century. "No government on the planet has enough money to effect this transition ... But, the private sector does have that money. I believe the private sector has the ability to win this battle for us," he said.He said companies that are first to the market with technological breakthroughs should be able to benefit financially through patents.
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