Archive for July 8th, 2008

G8 agreed on halving greenhouse gas emissions by 2050

Tuesday, July 8th, 2008
The Group of Eight countries want to work with the nearly 200 states involved in U.N. climate change talks to adopt a goal of at least halving greenhouse gas emissions by 2050, according to a draft communique obtained by Reuters ahead of its formal approval. Mid-term goals also would be needed to achieve the shared goal for 2050. The statement puts the focus of fighting global warming on U.N.-led talks. European Commission President Jose Manuel Barroso said the deal represented a "new, shared vision" and kept negotiations on track for a global deal in 2009. The G8 would also unveil a series of measures to help Africa and would give USD 50 billion extra in aid by 2010.