AP EXPLAINS: How Madrid talks fell short on climate ambition The longest ever U.N. climate summit has ended with major polluters resisting calls to ramp up efforts to keep global warming at bay and postponing the regulation of global carbon markets for next yearMADRID -- This year's U.N. climate negotiations in Madrid, the longest in 25 nearly annual such gatherings, ended Sunday with major polluters resisting calls to ramp up efforts to keep global warming at bay. “Achieving this is possible — with existing technologies and within our current economy,” said the revered climate scientist. "The window of opportunity is open, but barely.”HOW TO REGULATE GLOBAL CARBON MARKETS? Developing countries such as Brazil insisted during the past two weeks in Madrid on keeping those emissions credits, while also resisting strict accounting of future trades. Some observers and EU ministers had hoped this signal from Brussels would boost the talks in Madrid.

Source: ABC News December 15, 2019 18:11 UTC