Bush Administration derails Germany’s climate-change initiative at G-8 summit

Thu, 2007-06-07 11:06Bill Miller
Bill Miller's picture

Bush Administration derails Germany’s climate-change initiative at G-8 summit

President Bush locked horns with one of his strongest European allies, German Chancellor Angela Merkel, by blocking her bid for concrete long-term targets for reducing greenhouse gas emissions.

At the Group of 8 annual meeting in Germany, Merkel is advocating a plan to cut emissions in half by 2050 and to limit the rise in global temperature to two degrees Celsius. But Bush’s chief environmental adviser, James L. Connaughton, said the U.S. would not accept Merkel’s terms.

Merkel has staked her reputation on making real and significant progress on global warming during this year’s meeting. Bush said he intended to convene major polluting nations, including China and India, in meetings to set long-term goals by the end of 2008.

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High-speed train

Aggressively tackling global warming through better public transportation and increased energy efficiencies could increase global GDP by between $1.8 trillion and $2.6 trillion annually, a new report has found.

Released on Monday, the report by the World Bank and the ClimateWorks Foundation said tackling global warming now would also save as many as 94,000 lives a year from pollution-related diseases and reduce crop losses.

The report —...

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