G8 pressures Bush on targets
From today’s G8 meetings in Germany, it seems the Bush administration is finally likely to conform to Europe’s aims on setting targets of 50% reduction in carbon emissions by 2050 - although with Bush’s hesitation to agree on exact figures, they at least agree to create a significant reduction.
Furthermore the US is for the first time recognizing the power of emissions trading and are committed to working with the UN on arrangements (by 2009) for a successor to the Kyoto Deal (in 2012).
Article from the Telegraph:
“As leaders of the world’s richest industrial nations haggled over the precise details, they agreed the final communiqué would commit the G8 - including the US - to some form of post Kyoto deal that would involve “substantial” cuts to fight global warming.”
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A more complete article from the Environmental News Service includes Bush’s wording:
“I come with a strong desire to work with you on a post-Kyoto agreement about how we can achieve major objectives,” Bush said. “One, of course, is the reduction of greenhouse gases. Another is to become more energy independent - in our case, from crude oil from parts of the world where we’ve got some friends, and sometimes we don’t have friends.”
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