VZCZCXYZ0005
OO RUEHWEB
DE RUEHSO #0367 1921539
ZNR UUUUU ZZH
O 101539Z JUL 08
FM AMCONSUL SAO PAULO
TO RUEHC/SECSTATE WASHDC IMMEDIATE 8379
INFO RHEHNSC/NATIONAL SECURITY COUNCIL WASHDC IMMEDIATE
RUEHBR/AMEMBASSY BRASILIA PRIORITY 9516
RUEHRI/AMCONSUL RIO DE JANEIRO PRIORITY 8782
RUCPDOC/USDOC WASHDC 3128
UNCLAS SAO PAULO 000367
SIPDIS
STATE INR/R/MR; IIP/R/MR; WHA/PD
DEPT PASS USTR
USDOC 4322/MAC/OLAC/JAFEE
E.O. 12958: N/A
TAGS: KMDR OPRC OIIP ETRD BR
SUBJECT: MEDIA REACTION: G8
Lost opportunities during G-8 and G-5 meeting
Editorial in business-centered Valor Econtmico (7/10) says: "The
meeting in Japan of the leaders of the world's largest economies was
a wasted opportunity to open room for joint actions to fight the
world's main short-term problems: rise in oil prices, rise in food
prices and reduction of carbon emissions.... Even if still
pessimistic, the G-8's position on fighting global warming has
advanced. The U.S. accepted the goal of lowering emissions of
CO2-50% by 2050.... Developing countries, however, walked in with a
pre-set package that holds rich countries accountable for the
problem and did not accept any goal for themselves.... The fight
against global warming will not be effective without the
participation of the world's largest polluter until yesterday, the
U.S. But it will also not advance without the commitment of today's
main polluters, such as China and India remained unbending in the
meetings."
White