Thursday, November 12, 1998 Published at 06:09 GMT
Disputes overshadow climate talks
Environmentalists satirise the US cash for emissions plan
Climate talks involving 180 countries appear deadlocked as the summit enters its final two days.
The Buenos Aires conference began with hopes that ground rules would emerge on how to limit carbon dioxide pollution, which is blamed for global warming.
European countries favour a tax to make it harder for rich countries to buy permits abroad to avoid making cuts at home. The US argues emissions trading should operate under free market principles.
The conference follows last year's meeting in Kyoto, where developing nations made a pledge to cut the emission of greenhouse gases.
The Kyoto protocol would enforce strict limits on emissions of carbon dioxide and other greenhouse gases.
In Argentina, differences have also been exposed between industrialised and developing nations over the best way forward.
The US fears that having to make significant cuts in its emissions will have an adverse impact on the economy, leading to job losses.
It has so far refused to ratify the Kyoto accord, under which industrialised countries agreed to cut their production of greenhouse gases to 5.2% below their 1990 level by 2008-2012.