IHS Chemical Week

EnviroTech :: Climate Change

G8 Agree to Cut CO2 Emissions 50% by 2050

4:25 PM MDT | July 14, 2008 | Alex Scott and Deepti Ramesh

Leaders of the G8 nations, meeting in Toyako, Japan last week, agreed to a goal of halving global carbon dioxide (CO2) emissions from current levels by 2050. However, G8 leaders fell short of committing to quantifiable, interim targets for developed nations. Environmental groups and developing nations say firm targets for developed nations are needed for them to endorse a global deal on climate change that could succeed the Kyoto Protocol, which expires in 2012. Brown: A step forward. Developing countries including China and India say they will not agree to the...

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