<i>Financial Times</i>: Bush unveils strategy on climate change

Posted on 31 May 2007 | 0 Comments

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By Andrew Ward in Washington Published: May 31 2007 President George W. Bush on Thursday committed the US for the first time to take part in negotiations on a successor to the Kyoto treaty and agreed to set goals for the reduction of greenhouse gas emissions. The decision appeared to mark a landmark break by Washington from its longstanding opposition to global limits on carbon emissions, although the US plans still fall short of some European demands. A senior US administration official said Mr Bush would announce the new position in a speech in Washington on Thursday morning. Mr Bush was expected to pledge to work with several other large economies, including China and India, to agree a “long-term goal” for reduction in emissions, together with strategies for achieving the target, within 18 months – before he leaves office in January 2009. The official said the US would seek to convene a conference to set the process in motion, possibly as early as this autumn. Read more on www.ft.com.