The United Kingdom, France and Italy have called upon major developing economies such as India and China to sign up for the goal of halving the world’s greenhouse-gas emissions by 2050, from 1990 levels.

Foreign Minister Franco Frattini

At the summit of the G8 (Group of Eight industrialized nations) held in Italy, some developed nations like the United States and Japan have asked for a more recent base year, which would make cuts of greenhouse-gas emissions less difficult.

However, the United Kingdom and France urged industrial countries to aim even higher and set a goal of 80% cuts in their emissions of greenhouse-gases by 2050.

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Japan’s PM Taro Aso is ordering his ministries to draft a “Green New Deal” this week. The “Green New Deal” is expected to counter the twin towers threats of climate change and economic downturn.

Green New Deal

Aso’s stimulus package will focus on slashing greenhouse gases.

Aso is expected to fall in step with new US President Barack Obama vow to lead the world on climate change. High on the agenda – new measures to encourage the development of fuel-efficient cars.

UN Secretary General Ban Ki-moon is also asked for a “Green New Deal” at a UN climate conference in Poland in December. (more…)