The Prez has made a trip to Itlay to meet with the leaders of countries of the G8 and a couple of other guest countries.
From the NY Times:
While the richest countries have produced the bulk of the pollution blamed for climate change, developing countries are producing increasing volumes of gases. But developing countries say their climb out of poverty should not be halted to fix damage done by industrial countries.
As various sides tried to draft an agreement to sign Thursday, those tensions scuttled the specific goals sought by the United States and Europe. The proposed agreement called for worldwide emissions to be cut 50 percent by 2050, with industrial countries cutting theirs by 80 percent. But emerging powers refused to agree because they wanted industrial countries to commit to midterm goals in the next decade and to follow through on promises of financial and technological help for poorer nations.
They are trying to tackle all problems and issue a statement…but the G8 is a dinosaur of the 20th century that needs to be displayed with other dinosaurs in a museum. It should be shelved to be studied by students of international relations. The days of the G8 have lasped, the members are of the industrialized nations, that has exluded the developing countries like Brazil, China and India. Granted they have been in attendence now for several years, but why continue with the G8 dinosaur.
There is a G20, which is basically the finance ministers of 20 countries that include all major economies, why disband the G8 and let the G20 stand in its place.
I must agree with the French president and the German chancellor.
As reported by Reuters:
Among the G-8 leaders, German Chancellor Angela Merkel and French President Nicolas Sarkozy have been particularly vocal that the G-8 needs to be expanded to better represent the world’s population and economies. Sarkozy told reporters on Wednesday that a possible formula would be to have the G-8 meet within the structure of a G-20, major economies taking the lead on ways out of the economic crisis, or a G-14, combining the industrialized nations and emerging economies forums.
The G8 accomplishes nothing…they meet…they talk…they issue statement and all remains the same. I realize it is a show of diplomacy, but at least they could accomplish something other than spending money on a working vacation.
The G8 is a fossil and serves NO important purpose….time for it to be religated to history.