G8 set for transatlantic clash on climate - Reuters

[Eugene]

Source: Reuters

G8 set for transatlantic clash on climate
Fri May 11, 2007 10:14AM EDT

By Jeremy Lovell

LONDON (Reuters) - The United States is trying to dilute a declaration
on global warming to be made at next month's G8 summit, sources close
to the talks said on Friday, putting it on a collision course with hosts
Germany.

In a draft of the declaration dated April 2007 seen by Reuters, the United
States objects to a pledge to limit global warming to two degrees Celsius
this century and cut world greenhouse gas emissions by 50 percent below
1990 levels by 2050.

Washington also questions whether the United Nations is the best forum to
tackle the climate crisis and rejects a section stating that carbon markets
are a key means of developing and deploying climate-friendly technologies.

"They have rejected any mention of targets and timetables, don't want the
U.N. to get more involved and refuse to endorse carbon trading because it
must by definition involve targets," one well-placed source said on
condition of anonymity.

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Read more: http://www.reuters.com/article/environmentNews/idUSL1157560420070511