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US: June 1, 2007
Following are details of US President George W. Bush's proposal for addressing greenhouse gas emissions, an issue that will confront the leaders of the Group of Eight nations meeting in Germany next week.
* Bush will convene a meeting this fall of around 15 countries that produce the largest amount of greenhouse gases to discuss a long-term goal for curbing emissions.
* The countries would include the G8 major developed economies of the United States, Japan, Germany, Russia, Britain, Italy, Canada and France, as well as fast-growing economies such as China and India. The top emitters are responsible for more than 80 percent of global energy use and greenhouse gas emissions.
* The meeting would be the first in a series. Other forums would include business leaders from various sectors such as power generation and alternative fuels.
* A long-term goal for reducing greenhouse gas emissions would be set by the end of 2008. Individual countries would also set interim targets to reach that goal.
* The plan proposes cutting tariff barriers to spread environmental technology and promote sustainable forestry and agriculture.
* Bush also called for boosting investment in research and development for energy-efficient technologies.
Source: White House
REUTERS NEWS SERVICE
