US on board
The Sunday Times sees hope for the planet, and many optimists around the world are having it their way this week.
We can see the start of true global cooperation on the environmental issue with the much waited support from the White House, thanks to the G8 summit this week.
Prospects for the Cap-and-Trade after the Kyoto Deal are strengthened with the promise of a global market.
“Bush…has agreed to much more, moving significantly closer to the international consensus, including the prospect of a post Kyoto international framework built not just around technology but also a global market in carbon emissions, curbing deforestation and other measures.
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the picture is not as gloomy as sometimes portrayed. China and India, along with Brazil, Mexico and South Africa, signed a joint declaration with the G8 on Friday pledging to contribute their fair share to tackling climate change by stabilising greenhouse gas emission levels in the atmosphere.”