Lakhota
Diamond Member
Chinese President Xi Jinping and U.S. President Barack Obama will announce the news on Friday.
WASHINGTON, Sept 24 (Reuters) - China will announce Friday that it will launch a national carbon emissions trading market in 2017 as part of a joint climate change statement with the United States meant to boost prospects for a global climate pact, U.S. officials said.
The statement will be one of the few policy announcements the two countries are expected to make during Chinese President Xi Jinping's meetings with U.S. President Barack Obama Friday. The leaders will meet amid tensions over alleged Chinese cyber spying, Beijing's economic policies and China's regional territorial disputes.
The "joint presidential statement" will build on the breakthrough announcement Xi and Obama made last year where both countries pledged targets to cut greenhouse gas emissions beyond 2020.
On Friday they will outline new and existing domestic measures to show the world's two biggest emitters of greenhouse gasses are serious about reaching those targets and will "lead the world toward a durable global climate agreement," the U.S. official said.
More: China To Announce Cap-And-Trade Program To Limit Emissions
This is great news! Also places more needed pressure on the global warming skeptics.
WASHINGTON, Sept 24 (Reuters) - China will announce Friday that it will launch a national carbon emissions trading market in 2017 as part of a joint climate change statement with the United States meant to boost prospects for a global climate pact, U.S. officials said.
The statement will be one of the few policy announcements the two countries are expected to make during Chinese President Xi Jinping's meetings with U.S. President Barack Obama Friday. The leaders will meet amid tensions over alleged Chinese cyber spying, Beijing's economic policies and China's regional territorial disputes.
The "joint presidential statement" will build on the breakthrough announcement Xi and Obama made last year where both countries pledged targets to cut greenhouse gas emissions beyond 2020.
On Friday they will outline new and existing domestic measures to show the world's two biggest emitters of greenhouse gasses are serious about reaching those targets and will "lead the world toward a durable global climate agreement," the U.S. official said.
More: China To Announce Cap-And-Trade Program To Limit Emissions
This is great news! Also places more needed pressure on the global warming skeptics.
