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Rich nations accused over 'logging loophole' at Bonn climate talks.

Europe Intelligence Wire

| June 08, 2010 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Guardian Unlimited)

Rich countries led by Russia, Australia and the EU have been accused of trying to cheat their way out of reducing their greenhouse gas emissions by creating "dishonest" forestry accounting loopholes.

By seeking to change the rules that govern the offsetting of emissions from planting trees and ignoring those that are created by felling them, these nations would give the impression that they were acting to prevent climate change -- but a growing number of developing countries and environmental groups say that in reality they would be undermining genuine cuts.

The row surfaced at the resumption of the UN climate negotiations in Bonn …

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