G8 LEADERS AGREE TO CUT GREENHOUSE GAS EMISSIONS

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Developed nations to cut air pollution 80% by 2050

MELBOURNE, Australia (Radio Australia, July 8, 2009 ) - Leaders of the G8 developed countries say they have agreed to bear the brunt of steep global cuts in greenhouse gas emissions.

The summit issued a declaration saying developed countries should reduce their pollution by 80 percent by 2050.

Their aim is to cut overall global emissions by 50 percent in order to limit global warming to no more than two degrees Celsius.

[PIR editor’s note: The Group of Eight (G8) nations include the United States, Britain, Canada, France, Germany, Italy, Japan and Russia. Leaders met at a summit today in Italy.]

A broader group of major polluters, including many developing countries such as China and India, dropped a pledge earlier to halve their pollution by 2050.

The Group of Eight leaders also agreed the world economy still faces significant risks and it's too early to unwind measures put in place to end the deepest recession in living memory.

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