G8 meetings address climate change

Climate change has become one of the top issues this week in the G8 summit. President Bush has offered a new initiative toward agreement and plans to constrain carbon emissions. However, the U.S. approach is vague and voluntary and will no doubt fall short of the required cuts to limit global warming to 2 degrees Celsius. Bush fears damaging the U.S. economy, but it's the traditional oil and coal industry that is being protected. For the European perspective, see US casts doubt on G8 climate change deal.

The U.S. fledgling green business stands to suffer if government refuses to provide regulations to support this new industry. For a U.S. perspective from green business, see Why Green Business Must Lead on Climate Change.

In followup, the chief of NASA said he regrets airing his personal views about global warming during a recent radio interview on NPR, according The Associated Press. See NASA Head Regrets Global Warming Remarks.