Tuesday, November 11, 2014

A Step Towards Saving the World


The New York Times:

"China and the United States made common cause on Wednesday against the threat of climate change, staking out an ambitious joint plan to curb carbon emissions as a way to spur nations around the world to make their own cuts in greenhouse gases.

The landmark agreement, jointly announced here by President Obama and President Xi Jinping, includes new targets for carbon emissions reductions by the United States and a first-ever commitment by China to stop its emissions from growing by 2030.

Administration officials said the agreement, which was worked out quietly between the United States and China over nine months and included a letter from Mr. Obama to Mr. Xi proposing a joint approach, could galvanize efforts to negotiate a new global climate agreement by 2015."

"It was the signature achievement of an unexpectedly productive two days of meetings between the leaders
," the Times story continues. "A climate deal between China and the United States, the world’s No. 1 and No. 2 carbon polluters, is viewed as essential to concluding a new global accord."

"Unexpectedly productive" is an understatement.  The conventional wisdom has been that the US and China were global antagonists with few common goals.  Now apparently they have one--the biggest one, the one that counts more for the future than any other.

The Times story is long and informative, and worth the hit it might make on your month's free views.  The Guardian continually updates their story, and it includes supportive words from Secretary of State John Kerry, and Al Gore--but also promises of Republican congressional opposition. "Our economy can’t take the president’s ideological war on coal," said Mitch McConnell, bowing down to his fossil fuel overlords and their millions in dark campaign money.

The Guardian also quotes President Obama from his statement in China: "He said the US emissions reductions goal was “ambitious but achievable” and would double the pace at which it is reducing carbon emissions." The new US goal is reducing emissions by 26 to 28% by 2025, compared to 2025 levels.  Greenpeace calls this a floor, not a ceiling for reductions.  

The Guardian continues: Obama added: “This is a major milestone in US-China relations and shows what is possible when we work together on an urgent global challenge.”

He added that they hoped “to encourage all major economies to be ambitious and all developed and developing countries to work across divides” so that an agreement could be reached at the climate change talks in Paris in December next year."

According to the New York Daily News: "China’s pledge to reach peak carbon emissions by 2030, if not sooner, is even more remarkable. To reach that goal, Mr. Xi pledged that so-called clean energy sources, like solar power and windmills, would account for 20 percent of China’s total energy production by 2030."

The News also reports that the final agreement was produced during a recent trip to China by Obama adviser on climate John Podesta.

These meetings, characterized as a breakthrough in US-China relations, also resulted in a a technology agreement favorable to US businesses.  The San Francisco Chronicle estimates that this deal could add a trillion dollars a year to the "global trade in information technology."

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