Beijing sets date for emissions cut

August 17, 2009

’s will start falling by 2050, its top policymaker said, and the 1st time the world’s largest emitter has given such a time-frame. Whether will agree to some kind of cap on its emissions is a critical question ahead of global talks in December in . argues, as do most developing countries, that developed nations should take responsibility for cutting emissions first, since global warming originated with their industrialization. and have been resisting pressure from developed nations to agree to a target of reducing emissions by an overall average of 50% by 2050. ’s view is this; that as still needs to grow its economy to help its people escape , it is too early to discuss emissions caps. The Academy of Sciences has said that with major technological support from developed nations, could see its emissions peak between 2030 and 2040. Other experts say carbon output will keep rising until 2050 unless radical controls are adopted. No radical programs are under way at this time.

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A Cooler and Cleaner Planet goal is shared by large polluters and insurers

July 15, 2009

Insurers in the , and say a pledge announced last week at a meeting of the world’s biggest polluters to limit global temperatures is essential to controlling the cost of protecting property. Munich Re, the biggest reinsurer, and Zurich Financial Services AG back the target set by the European Union, the and 15 more nations to hold the planet to within 2 degrees Celsius (3.6 Fahrenheit) of pre-industrial times.

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