G-8 Nations Agree on Climate Strategy

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.

BBC:

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.

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