U.S Copenhagen pact, and 17 per cent cut in emissions

The US aims for a 17 percent emissions cut in carbon dioxide and other gases blamed for global warming by 2020, from 2005 levels on condition other countries submit their targets to the Copenhagen Accord.

John Kerry, the Democratic U.S. senator insisted that Congress would put a price on carbon, forcing companies to pay for their global warming pollution. But there will be different ways to price it, and not pinned down to one approach (Cap and Trade).

via U.S. embraces Copenhagen pact, Senators rework bill | Reuters.