Greenpeace On Obama's Nobel Prize: "You Won It. Now Earn It."

03/18/2010 05:12 am ET | Updated May 25, 2011

In light of the President's trip to the climate conference in Copenhagen, and on the eve of the Nobel presentation ceremony in Oslo, Greenpeace released a statement on President Obama's Nobel Prize. The key line: "As the President prepares to receive this most prestigious award in Oslo, less than 500 kilometers away in Copenhagen all the pieces are in place for him to earn the honor by signing a fair, ambitious and legally binding deal."

Greenpeace has been pushing Obama hard to make the conference in Copenhagen count. They recently released an ad depicting Obama as an old man with white hair apologizing for failing to stop global warming. "I'm sorry," the ad reads. "We could have stopped catastrophic climate change... We didn't"

Read the full statement on Obama's Nobel below.

"President Obama, in part, has been awarded the Nobel Prize with the expectation that he will  deliver the kind of leadership necessary to get an a climate treaty responsive to the climate crisis faced by people around the world. 

"As the President prepares to recieve this most prestigious award in Oslo, less than 500 kilometers away in Copenhagen all the pieces are in place for him to earn the honor by signing a fair, ambitious and legally binding deal. 

"In short, he won it, and now is the time to earn it."

Greenpeace is calling for a multilateral legally binding deal to be signed by Obama which includes:

-Emissions cuts of 40% by 2020 by industrialised countries (at 1990 levels)
-$140 billion a year from the industrialised world for developing countries to deal with climate impacts, act on climate change and stop deforestation
-An end of tropical deforestation by 2020.
-Developing countries must reduce their projected emissions growth by 15-30% by 2020, with support from industrialised countries