General World News

Bloomberg Shows Up as climate UN Talks Get Into Tough Phase

American billionaire and Democratic presidential contender Michael Bloomberg says that the next U.S. president should halt fossil fuel subsidies altogether.

Bloomberg, who launched his campaign less than three weeks ago, is attending a United Nations global climate conference in Madrid that is kicking into high gear.

Ministers from nearly 200 countries are arriving on Tuesday to tackle some of the tough issues that negotiations couldn’t resolve over the past week, including finalizing the rules for international carbon markets that economists say could help drive down emissions and help poor countries to cope with the effects of rising temperatures. read more >>>

Source:: VOANews.Com