Financial Times: Ban Ki-moon, secretary-general of the UN, on Wednesday said a sticking point in launching the two-year process to replace the Kyoto protocol — specific targets for greenhouse gas reductions — may be "ambitious". The statement, made in Bali at a UN climate change conference, came as the US agreed to a compromise position that would permit formal negotiations on a new climate change treaty to start. The UN, the European Union and many other countries were strong supporters of …