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Brazil Says UN’s New Kyoto Text Sends Is ‘Best You Get’

Dec. 10 (Bloomberg) -- Brazilian Environment Minister Izabella Teixeira said the proposed United Nation agreement on limiting greenhouse gases demonstrates is “the best you get” and sends a signal that “clear political will” remains to extend restrictions

The comments, in an interview at the UN climate talks in Cancun, Mexico, suggest envoys may be able to reach an agreement on the future of the 1997 Kyoto Protocol. Brazil and the U.K. were tapped by the UN to defuse a dispute over the issue.

She said “a clear political will to continue the technical discussions about a second commitment period. We are optimistic. We did all the political arrangements.”

The proposal aims to bridge divisions between Japan, Russia and Canada, which have refused to take on new restrictions on fossil fuel emissions after current ones in the Kyoto Protocol expire in 2012, and China, India, Brazil and South Africa which have pressed for new requirements.

“We developing countries want more,” Teixeira said in an interview. “This is the Brazilian position. But we worked hard to have this perspective, the political perspective, to move forward in the negotiations for the second commitment period. This is the best that you get.”

The accord aims to “avoid a gap between the first and the second periods and to establish the political guidelines for the negotiations next year,” she said.

To contact the reporter on this story: Jim Efstathiou Jr. in New York at jefstathiou@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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