G-8 Nations Agree on Climate Strategy
Posted on Jun 7, 2007
German Chancellor Angela Merkel has reached a compromise with George W. Bush over climate change. The G-8 nations will work toward a replacement for the Kyoto treaty and a 50 percent cut in emissions by the year 2050. But in a concession to Bush, the goals will be nonbinding.
Leaders of the G8 nations have agreed to seek “substantial” cuts in emissions in an effort to tackle climate change.
German Chancellor Angela Merkel said the G8 would negotiate within a UN framework to seek a replacement for the Kyoto Protocol by the end of 2009.
No mandatory target was set for the cuts, but Mrs Merkel’s preference for a 50% emissions cut by the year 2050 was included in the agreed statement.