China and the India is there would be opposed

Measured optimism of the heads of State and Government of the G8 on the economy, yesterday in L'Aquila, was with the uncertainty of the dialogue of this afternoon about the climate. Indeed, the leaders of the G8, along with their counterparts of the G5 (Brazil, Mexico, India, South Africa and China), Egypt, the Korea, the Australia and the Indonesia should mention all the perspective of the Copenhagen Summit in December, the climate. The debates ahead difficult. Because, as early as Tuesday at a meeting in Rome, the Forum of major economies (80 of global emissions of CO) abandoned the goal of halving emissions by 2050. China and the India is there would be opposed. Only the goal of a limit warming to 2 C had been maintained, according to a Western negotiator.

Message of hope

The heads of State of the G8, they have other ambitions. Since yesterday, the German Chancellor, Angela Merkel, had claimed "ambitious" goals The European Union appealed to commit to a reduction in emissions of at least 50 by 2050, with an objective of medium-term in 2020 compared to 1990. The voice of Europeans was heard. In part. Last night, in their joint statement, the G8 leaders have not only endorsed the objective of 2 c but also to reduce at least 50 their issuance of here to 2050. Better, they leave the door open to some developed countries to a reduction of 80 or above the level of 1990 or the years most most recent. "Unacceptable" by the Russia yesterday held sales.

Remains to convince the major emerging countries to take the same train, this afternoon when the heads of State and Government of 16 of the 17 countries (the Chinese President, Hu Jintao, as departed precipitously in China because of the unrest in Xinjiang, read page 7) will meet.

While waiting for their first day of debates, the heads of State and Government of the G8 welcomed "signs of stabilization" of their economy. A message of hope that comes at the same time where the IMF has revised upward its forecasts of growth (see below). Caution remains. "The situation remains uncertain and significant risks continued to weigh on economic and financial stability", they estimated, adding that "the effects of the economic crisis on labour markets may undermine social stability." While in the United States, the possibility of a second support plan was contradicted yesterday by the White House, the G8 leaders have called further stimulus efforts while emphasizing the need to implement "exit strategies" of crisis to ensure the sustainability of their public finances. They also mentioned the inappropriate nature of excessive fluctuations in the price of oil. Yesterday, in a common forum published on the website of the Wall Street Journal, Nicolas Sarkozy and Gordon Brown have denounced the "f luctuations lawless of the course of one of the most important raw materials. "The experts must think about the mechanisms that can be implemented to reduce the volatility", they wrote. The common text of G8 did not go as far as the wishes of the head of the French State and the British Prime Minister calling the "group of experts of the international Forum of energy" to define a range of fluctuation of oil prices. The heads of State of G8 have simply called the producers and consumers to "improve transparency and strengthen their dialogue to reduce the excessive volatility of the market."