Today’s guest blogger, Annie Petsonk, is International Counsel at Environmental Defense.
The Group of Eight (G8) is an international forum of eight industrialized countries representing the lion’s share of the world’s economy. High on this year’s agenda is global warming, with European countries calling for a mandatory 50 percent cut in global greenhouse gas emissions by 2050.
Recognizing that America must take the lead, the U.S. Climate Action Partnership (USCAP) has gone even further. This group of 27 leading U.S. companies and environmental groups has urged Congress to enact legislation [PDF] mandating that the U.S. cut emissions by 60 to 80 percent by 2050.
Today the G8 Summit reached an agreement.