President Obama signs climate pact at the G-8 meeting.
The agreement seeks to cut half of all emissions linked to climate change by 2050 and calls for halting the world's average temperature from rising 3.6 degrees Fahrenheit above current levels by switching to green-energy sources, such as wind and solar power.
Unfortunately, emerging industrial powers like China and India will not be parties.
Obama Signing the G-8 climate change pact that does not require emission reductions by China and India is the same as Clinton/Gore signing Kyoto. At least in 1997 the Senate warned President Clinton not to give the emerging industrial powers an economic advantage. The Senate passed the Byrd-Hagel Resolution. Byrd-Hagel stated the sense of the Senate that the United States should not be a signatory to any protocol that did not include binding targets and timetables for developing nations as well as industrialized nations or "would result in serious harm to the economy of the United States." Byrd-Hagel prevented Clinton from even trying to ratify the Kyoto Protocol.