Canada plans US$1.3 billion fund to fight warming

Canadian Prime Minister Stephen Harper, under pressure to do more on climate change, announced on Monday a US$1.3 billion fund to fight global warming and pollution.
Harper said the new "eco-trust" will involve new federal money set aside in the next budget and would yield "real results, real reductions and measurable progress." The federal budget is widely expected to be delivered late in March.
Canada's emissions of greenhouse gases are 35% above the levels it has agreed to hit by 2012 under the Kyoto Protocol.
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