New target agreed for cutting world emissions

Pacific Rim leaders today agreed that the world needs to “slow, stop and then reverse” greenhouse gas emissions, and adopted goals on reducing energy intensity and reforestation as part of the effort.

Australian Prime Minister John Howard, as host of the Asia Pacific Economic Co-operation summit, announced the Sydney Declaration of Climate Change, Energy Security and Clean Development, which he said reflected the seriousness of the body’s desire to address global warming while providing for economic growth.