BOMBSHELL! Developing Nations Revolt at Copenhagen: Group of 77 Demands Billions From U.S. to Cut Emissions!

From the Wall Street Journal, "Rifts Arise at Climate Summit":

Developing countries used the forum of the United Nations climate summit here to demand that rich nations commit money and accept sharper cuts in their emissions, highlighting the divisions among the world's rich and poor nations that stand in the way of a new global climate deal.

Representatives of China, the world's largest greenhouse gas emitter, said President Barack Obama's proposal that the U.S. reduce its greenhouse gas emissions by 17% from 2005 levels by 2020 isn't ambitious enough. Su Wei, the Chinese chief negotiator, said industrialized countries must provide money and technology for developing countries as they seek to limit their greenhouse-gas emissions and face the challenges of climate change. "They have the responsibility to provide financial support and technology transfer," he said.

Developing countries want billions of U.S. dollars to reduce their own emissions and limit the impact of global warming, but rich nations have been shy in pledging specific figures. The U.S. and the European Union have said they are willing to provide their "fair share" of a total global figure of $10 billion a year between 2010 and 2012.

That amount "would not buy developing countries citizens enough coffins," said Ambassador Lumumba Stanislaus Di-Aping, who represents the Group of 77, a body which includes players such as China, India and Brazil.

See also, the Guardian UK, "Copenhagen Talks in Chaos After Leak" (via Memeorandum).

Also, from Gateway Pundit, "Saudi Delegates Call For Investigation Into Climategate at Copenhagen Junk Science Summit (Video)."

Video Hat Tip: Weasel Zippers, "Wow. Just Wow: “Please Help the World” Film Shown During Copenhagen Opening Ceremony By The Ministry of Foreign Affairs of Denmark."