New Global warming targets are being set now. The Leaders of the G8 leading industrial countries have agreed to try to limit global warming to just 2C (3.6F) above pre-industrial levels by 2050. The summit, which happened in the Italian city of L’Aquila, also set tough new targets for carbon emissions considered necessary to achieve the goal. The Developed nations are to cut carbon emissions by 80% by 2050, to allow a global 50% reduction by the same date. But the only problem is that all these are mere wish statements. As per the analysts, there is no indication of how the targets, or costs, will be met. So, how will they reach the target? Developed nations have been criticised for ducking interim goals, and difficult talks still lie ahead as negotiators try to firm up the ambitious goals.