SUMMIT IN JAPAN: G-8 leaders seek 50 percent reduction in gas emissions

G-8 leaders seek 50 percent reduction in gas emissions The new policy formulation was disclosed during summit meetings by Prime Minister Yasuo Fukada, who said the G-8 nations “came to a mutual recognition” that the long-range target “should be a global strategy.” World leaders deeply divided over how to tackle climate change The Bush administration has embraced a call from the Group of Eight major economies to seek a 50 percent reduction in greenhouse gas emissions by 2050, while noting that a tougher challenge involves finding consensus on shorter-term goals. The head of President Bush's White House Council on Environmental Quality Jim Connaughton said to reporters on Tuesday the announcement of the emerging G-8 long-term global warming strategy is a worthy accomplishment. The Japanese had pushed such a wide-ranging stance... [read full story]                    

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