Any deal where the G8 nations commit to hurting their own economies will not help global warming. It just boosts the economies of developing nations that are not party to the deal, because production will move there, and the same or worse global warming will take place.Despite Tony Blair's declaration on Thursday that Washington would sign up to "at least the beginnings" of action to cut carbon emissions, a note attached to a draft document circulated by Germany says the US is "fundamentally opposed" to the proposals.
As it should be.The note, written in red ink, says the deal "runs counter to our overall position and crosses multiple 'red lines' in terms of what we simply cannot agree to". "This document is called FINAL but we never agreed to any of the climate language present in the document ... We have tried to 'tread lightly' but there is only so far we can go given our fundamental opposition to the German position," it says.
Good for Bush.The tone is blunt, with whole pages of the draft crossed out and even the mildest statements about confirming previous agreements rejected. "The proposals within the sections titled 'Fighting Climate Change' and 'Carbon Markets' are fundamentally incompatible with the President's approach to climate change," says another red-ink comment.
Bush's proposal will work. It focused on devekoping new technologies that can be applied everywhere.This is embarrassing for Mr Blair, who said on Thursday with some confidence that the US was moderating its position on climate change as the summit approached. Before visiting the White House this month, the prime minister suggested that he was close to persuading George Bush to accept the establishment of carbon trading schemes, one of five main proposals drawn up ahead of the G8. But Washington rejected the sections on carbon trading, saying to back trading schemes would imply acceptance of emission caps.
And trading schemes are stupid. A country that can't cut back just buy's credit by funding a worthless project in another country.A diplomatic source said the German EU presidency and the US government appeared now so far apart it was hard to see how negotiators could reach anything other than a meaningless agreement in Heiligendamm in just under two weeks.