News from Notch Consulting, Inc.

November 13, 2014

US & China reach climate accord

Filed under: General — Notch @ 6:00 am

The New York Times has details.

As part of the agreement, Mr. Obama announced that the United States would emit 26 percent to 28 percent less carbon in 2025 than it did in 2005. That is double the pace of reduction it targeted for the period from 2005 to 2020.

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.

It will be interesting to see how this agreement is implemented in the United States given the mid-term election results and the Republican-controlled Congress.

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