New Zealand won't sign 'Kyoto 2' climate treaty

UPDATED 1:21 AM EST, November 9, 2012

The announcement came Friday soon after Australia said it would commit to "Kyoto 2."

The treaty aims to curb international greenhouse gas emissions through binding national commitments. But some question its effectiveness after many of the world's biggest polluters, including the U.S. and China, didn't sign on.

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