VOL. XXXIX

No. 44

29-July-1996

OPEC

Oil Producers Demand Compensation If Greenhouse Regulations Are Enforced

Following the adoption of a ministerial declaration calling for legally binding commitments from the industrial nations to reduce greenhouse gas emissions at the Conference of the Parties of the UNFCCC held in Geneva on 17-19 July, 14 energy producing countries have submitted a formal protest objecting to the declaration on the grounds that it would lead to reduced demand for...