The US and China are rejecting a German move to set bold targets for cutting CO2 emissions, saying respectively that they are "too ambitious" and that the developed – not the developing – world should pay for the move.
German chancellor Angela Merkel, whose country holds this year's G8 presidency, is pushing for agreement at the 6 June G8 summit to limit the global temperature rise this century to 2 degrees Celsius and cut global greenhouse gas emissions to half the 1990 levels by 2050....
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