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Deep emission cuts may hurt economies: US

With the United States on the verge of a recession, American negotiators at a UN climate conference warned that calls for steep emission cuts could further rattle economies, especially in the developing world. But delegates from poor nations and environmentalists said today that such fears were just a ploy to avoid tough action. They suggested that any climate pact would spur economic growth in areas such as clean technology and help ward off the worst impacts of global warming, which is already being linked in part to skyrocketing food prices.