G8 Leaders Agree to Limit Global Warming

US President Barack Obama (L) chats with French president Nicolas Sarkozy (R) during a round table session at the G8 Summit in L'Aquila, Italy. The three-day G8 summit will take place at a police school in L'Aquila from 08 to 10 July. Photo by EPA/BGNES

Leaders of the G8 leading industrial countries have agreed to try to limit global warming to just 2C (3.6F) above pre-industrial levels by 2050.

The summit, in the Italian city of L'Aquila, also set targets for carbon emissions considered necessary to achieve the goal.

G8 nations are to cut carbon emissions by 80% by 2050, the BBC reported late Wednesday.

Analysts say there are several questions over the announcement, and no indication of how targets will be met.

They say the main problem is that no interim targets have been agreed, and developing nations appear unprepared to accept big cuts to their emissions until developed nations pledge more financial assistance.

Difficult talks still lie ahead as negotiators try to firm up the ambitious goals, international media reports suggested.

On Thursday heads of the G8 leading industrial countries are set to meet emerging nation leaders to try to push through a new deal on limiting global warming. US President Barack Obama will chair the meeting.

 

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!