US Signs Up For A Global Climate Pact

-Bloomberg

The U.S. is joining other developed countries for the first time in saying global greenhouse gases should peak by 2020 and the average worldwide temperature shouldn’t rise more than 2 degrees Celsius, according to a draft document of the Group of Eight industrialized nations.

“This is a crucial year for taking rapid and effective global action to combat climate change,” according to the text, not yet final, that is being negotiated by government officials ahead of next week’s G-8 summit in L’Aquila, Italy. The draft was circulated by nongovernmental organizations.

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