G-7 leaders agree to strive for low-carbon economy

G-7 leaders agree to strive for low-carbon economy
Updated 08 June 2015

G-7 leaders agree to strive for low-carbon economy

G-7 leaders agree to strive for low-carbon economy

KRUEN, Germany: Group of Seven leaders agreed on Monday to wean their economies off carbon fuels and supported a global goal for reducing greenhouse gas emissions, but they stopped short of agreeing their own immediate binding targets.
In a communique issued after their two-day summit in Bavaria, the G-7 leaders said they backed reducing global greenhouse gas emissions at the upper end of a range of 40 to 70 percent by 2050, using 2010 as a basis. The range was recommended by the IPCC, the UN’s’ climate-change panel.
They also backed a global target for limiting the rise in average global temperatures to two degrees Celsius (3.6 Fahrenheit) compared with pre-industrial levels.
“We commit to doing our part to achieve a low-carbon global economy in the long-term, including developing and deploying innovative technologies striving for a transformation of the energy sectors by 2050, and invite all countries to join us in this endeavor,” the communique read.
G-7 host Angela Merkel of Germany, once dubbed the “climate chancellor,” hoped to revitalize her green credentials by getting the G-7 nations to agree specific emissions goals ahead of a larger year-end UN climate meeting in Paris.