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The Hellenic Radio (ERA): News in English, 08-07-07

The Hellenic Radio (ERA): News in English Directory - Previous Article - Next Article

From: The Hellenic Radio (ERA) <www.ert.gr/>

CONTENTS

  • [01] Expensiveness and Climate Changes at Focus

  • [01] Expensiveness and Climate Changes at Focus

    07 Ιουλ 2008 08:30:0

    Sources: Reuters

    Climate change is high on the agenda of the annual summit of the Group of Eight rich nations that starts on Monday at a luxury hotel on the lush northern Japanese island of Hokkaido. China, India and 12 other countries will join the regular members of the G8, the United States, Japan, France, Britain, Germany, Canada, Italy and Russia, for parts of the summit. Global inflation driven by soaring food and fuel prices will be high on a crowded agenda, as will efforts to alleviate African poverty. The EU, which has agreed to cut emissions by at least 20 percent by 2020 compared with 1990 levels, wants big polluters to agree to halve emissions by 2050. Last year, G8 leaders limited themselves to saying they would "seriously consider" halving emissions by 2050, without giving a baseline year for cuts. But the United States is refusing to sign up to any firm targets unless developing economies such as China and India take steps too. Leaders from several of the worlds biggest emerging markets, including China and India, will meet G8 members in Japan on Wednesday to discuss climate change. The EU also wants the G8 to take the harder step of setting shorter-term goals to make the process more credible. U.S. President George W. Bush pledged on Sunday that Japans concerns about North Korean abductions of its citizens would not be ignored as Washington moved to ease sanctions against the communist country.


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