The huge gap between the U.S and Europe on the best way to tackle climate change is shown in an article by Bertrand Benoit in FT.COM world,
“Berlin’s G8 proposals include a pledge to limit global warming to 2ºC and an endorsement of ‘cap and trade’ strategies for cutting emissions, whereby companies buy and sell certificates entitling them to release carbon into the atmosphere.”
“The U.S, by contrast, thinks global warming should be fought through the deployment of new technologies and by encouraging the use of renewable energy. The White House said on Monday, ‘We expect to be talking to the Germans and our other G8 partners on the agenda between now and the start of the summit on climate change and the other agenda items-especially including the important poverty-reducing priorities.’
“German environmental minister, Sigmar Gabriel, is understood to have all but given up on reaching a compromise…”