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US threatens to walk out of Paris pact over financial obligations

2015-12-12 05:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Business Standard: The chase for Paris climate agreement is going into overtime. French foreign minister Laruent Fabius, who is leading the negotiations, pushed back the deadline to Saturday after another round of all-night talks failed to yield any result till the original deadline of Friday 6pm. While making the formal announcement, Fabius expressed hope that the final package would announced on Saturday morning after negotiations on Friday. On the night between Thursday and Friday, the rich and poor countries...

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