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People & Business :: Corporate Social Responsibility

G8 Agree to Cut CO2 Emissions 50% by 2050

6:57 AM MDT | July 8, 2008 | Alex Scott

Leaders of the G8 countries meeting in Toyako, Japan today have pledged to halve CO2 emissions by 2050. The agreement, which includes the U.S., would appear to be a step toward a global deal to curb climate change. The pledge contrasts with G8 leaders’ assertion of one year ago to only “seriously consider” halving global greenhouse gas emissions by 2050. Environmental groups have criticized the deal, however, for using language that is deliberately vague and failing to act more quickly. One of the criticisms is the use of the term...

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