Washington (ECN) - President George W. Bush, along with the leaders of all of the world's richest nations pledged to cut emissions in half by 2050.

They have decided to move toward a "low-carbon society."

By the year 2050, the Group of 8 stated that they will cut greenhouse emissions right in half.

This is the latest step toward trying to fight off global warming.

The G8,  made up of the US, Germany, Japan, Britain, France, Italy, Canada, and Russia has united for this hcause.

What was not made clear though as whether or not the cuts made by 2050 would be pegged to current emissions levels, or older levels.