Financial Times FT.com

US unveils alternative plan to Kyoto treaty

By FT reporters

Published: July 27 2005 20:11 | Last updated: July 28 2005 16:56

The US unveiled an agreement with several Asian countries to develop technology for reducing greenhouse gas emissions but denied the plan was an attempt to sideline the United Nations-brokered Kyoto protocol.

Robert Zoellick, US deputy secretary of state, who formally announced the pact at the sidelines of the Association of South-East Asian Nations meeting in Vientiane, Laos said the agreement was not in direct competition to the Kyoto protocol.

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