The European Union hopes to win China’s agreement on a road map to a global greenhouse gas- lowering treaty after the world’s second-biggest economy said a rift over post-2012 goals risk the collapse of climate talks. The EU wants the largest emitters to agree by 2015 on a binding pact to be enacted in 2020 at the latest and offered in exchange an extension to its carbon-reduction goals under the United Nations Kyoto Protocol. The bloc said it hopes to find “common ground” with China, which objects to any binding goals for poorer countries and increased pressure on industrialized nations to adopt further emissions-reduction targets at a summit that started this week in Durban, South Africa. “There’s room for compromise and we hope there will be willingness,” Isaac Valero-Ladron, an EU climate spokesman, said by phone yesterday from Brussels. “China and other countries say that they are not ready to adopt binding targets now. We then want them to tell us in Durban when they will be ready to do so. That will allow us to extend our Kyoto goals and agree the details of the new treaty by 2015.”
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