The Group of Eight wealthy nations are looking at investing more than $10 billion a year to support new technologies to reduce carbon dioxide emissions, including carbon dioxide capture and storage (CCS), a Japanese daily reported on Sunday.
A draft statement on economic issue is being considered for release at the July 7-9 summit of G8 […]

Major economies should aim to halve world emissions of greenhouse gases by 2050 and work out ways to bury gases in a wider assault on climate change, the science academies of 13 nations said on Tuesday.
“Progress in reducing global greenhouse gas emission has been slow,” the academies of the Group of Eight (G8) nations and […]

Under pressure to boost talks on a new global warming pact, Group of Eight environment ministers on Monday endorsed slashing greenhouse gas emissions in half by mid-century, but failed to agree on much more contentious near-term targets.
The three-day meeting in Kobe was dominated by calls from the U.N., European countries and developing nations to move […]