2008-05-26

Emerging Nations Seek G8 Help for Clean Technology. By Chisa Fujioka, Reuters, May 24, 2008. "Big emerging economies called on rich countries to help finance clean energy technologies on Saturday as a meeting of environment ministers sought to add momentum to the fight against climate change. Ministers and their representatives said on Saturday that action was urgently needed to curb greenhouse gas emissions that cause global warming, but advanced and developing countries are split on how to share the burden. The three-day meeting of the Group of Eight and rapidly growing economies such as China and India comes as poor countries balk at global targets to cut emissions, demanding that rich nations cut their own and pay for costly clean energy projects. Brazil's top delegate said it was vital for developed countries to pass on know-how and help fund research for new technologies."

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