• Force developing countries to agree to specific emission cuts and measures that were not part of the original UN agreement;
• Divide poor countries further by creating a new category of developing countries called "the most vulnerable";
• Weaken the UN's role in handling climate finance;
• Not allow poor countries to emit more than 1.44 tonnes of carbon per person by 2050, while allowing rich countries to emit 2.67 tonnes.
Developing countries that have seen the text are understood to be furious that it is being promoted by rich countries without their knowledge and without discussion in the negotiations.
John Pickrell in Copenhagen took these quotes from a press conference by the G77, a group of developing countries:
" G77 member states will not walk out of the conversations or negotiations at this late hour, because we cannot afford failure at Copenhagen. ... We have to find an equitable and just deal that will save the world"
"We will not sign an inequitable deal—a deal that condemns 80% of the world population to further suffering and injustice"
"All developing countries from China to Chad to Chile will be involved in negotiating to the last day"
More context and analysis on this tomorrow.