The world should aim to cut greenhouse gas emissions in half by 2050 as part of a new global warming pact to succeed the Kyoto Protocol, Japanese Prime Minister Shinzo Abe said Thursday.Abe, who plans to present his idea at the Group of Eight summit in Germany in June, said the proposed climate change treaty must be flexible enough to draw all nations' participation.
"Global warming is an issue that should be addressed by the entire world," Abe said at a banquet in Tokyo. "It is indispensable to establish a new framework in which both industrialized and developing countries address this issue together."
The Kyoto Protocol, signed in Japan in 1997, requires some 35 industrialized nations to cut greenhouse gas emissions 5 percent from 1990 levels by 2012. Under the pact, Japan -- home to the world's second-largest economy -- was required to make a 6 percent cut.
Read More