Bush calls for action by biggest greenhouse emitters

It looks like the US has woken up to the fact that there is money to be made in selling green tech. "The US would also cut tariff barriers to sharing environmental technology, Mr Bush said."
However, is this smoke and mirrors? FoE think so:

Tony Juniper, the head of Friends of the Earth, said: "This is a deliberate and carefully crafted attempt to derail any prospect of a climate change agreement (at the G8 summit) in Germany next week. [Mr Bush] is trying to destroy the prospect of that getting anywhere by announcing his own parallel process with very vaguely expressed objectives ... Basically we should see this as a delaying tactic to keep the climate change issue off his back in terms of any real decisions until he leaves office (in early 2009)."

Bush calls for action by biggest greenhouse emitters | The Guardian | Guardian Unlimited: