From the BBC:

Leaders of the G8 nations have agreed to a compromise deal on tackling climate change, German Chancellor Angela Merkel has said.

"We agreed... that CO2 emissions must first be stopped and then followed by substantial reductions," she said.

Reports said the leaders agreed to hold talks on a replacement to the Kyoto Protocol within a UN framework.

Mrs Merkel had been pushing for a 50% cut in emissions by 2050. The US had resisted calls for targets to be fixed.

She said G8 leaders had agreed to consider her target, but there was no suggestion that a final agreement would include any mandatory commitment to major emissions cuts.

Richard Sambrook, head of global news for the BBC, gets that networked journalism religion. I offer some thoughts in response (Updated June 10, but not done yet).