(Newser) -
Neither China nor India agreed to adopt the G8's targets for cutting carbon emissions by 2050 at their joint meeting today. Asia's two big developing economies, joined by Brazil, Mexico, and South Africa, said carbon reductions would endanger their growth and exacerbate poverty, and that rich nations should clean up the mess they had created. The emerging economies' holdout was only one of many signs that the G8 is losing clout, reports the Financial Times.
More »