"The financial crisis is definitely going to affect international climate change policy," he said.
But "the financial crisis offers the world an opportunity to move away from toxic investments and make sustainable investments, for example into low emissions energy infrastructure," he said.
In the landmark Kyoto Protocol, rich nations agreed to targets for cutting greenhouse gases as well as helping to transfer clean technology to developing nations to help them reduce their emissions.
But much of the pledged transfers are not happening, said de Boer.
"Industrial countries must meet their technology transfer obligations," he told journalists.
"Given their historical responsibility for the problem, it is essential that industrialised countries take the lead in reducing emissions and that they show real leadership (in climate change negotiations)."
Cougar can also earn an International reputation as a clean Coal Energy exporter. The Rudd Government can jump on board and use Cougar for the " technology transfer obligation " part of their commitment to Kyoto.
cheers
CXY Price at posting:
12.0¢ Sentiment: LT Buy Disclosure: Held