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Bush lays out climate agenda – without emissions trading

In a speech in Washington ahead of the G8 meeting in Germany next week, US President George Bush laid out an agenda for tackling climate change.

Though it is the first time that Bush has acknowledged a need for the reduction of greenhouse gas emissions, his proposals as yet lack solid detail. Significantly, the concept of a global carbon market does not feature in his plans.

Though Bush called on the world’s most polluting nations, including India and China, to form a framework for a 2012 post-Kyoto climate change agreement, he rejected

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