Most OECD countries have committed themselves to stabilizing their carbon emission at 1990 levels by the year 2000, and some to reducing emissions to 80-90 percent of 1990 levels by the years 2005 and 2010. Most non-OECD countries are reluctant to reduce emissions to combat global climate change. They argue that such policies would forestall their development, that the stock of greenhouse gases in the air is primarily from historical emissions from...
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