In fact: “Coalition climate action spokesman Greg Hunt has given ”in-principle support” to Australia’s involvement in a second round of the Kyoto deal, after the first round expires in December.”
Although Kyoto is regarded as flawed because it does not mandate targets for emerging economies such as China, India and Brazil, a second round is seen as a vital interim measure while a broader climate deal involving all major emitters is hammered out after 2015.
”Our clear goal and intention is to be part of a further commitment period but of course we would need to see the final terms,” Mr Hunt told The Age. ”This is a bridge to a full international agreement.
”What the world really needs is to bring China and India and Indonesia on board, to bring Russia and Brazil on board. I think it will be easier to strike a 2016 agreement to commence in 2020, if there is a Kyoto 2.”