U.S., China Jointly Set Climate Change Goals

U.S., China Jointly Set Climate Change Goals
LONDON—U.S. President Barack Obama and President Xi Jinping of China have announced climate change targets that include the two countries making significant carbon reduction commitments, including China’s first public statement of a date for “peak” emissions. The two presidents committed to “enhance bilateral cooperation” to begin phasing down HFCs and working together in a multilateral context. The United States intends to achieve an economy-wide target of reducing its emissions by 26% to 28% below its 2005 level in 2025 and to make best efforts to reduce its emissions by 28%. China intends to achieve the peaking of CO₂ emissions around 2030 and to make best efforts to peak early, and intends to increase the share of non-fossil fuels in primary energy consumption to around 20% by 2030. China and the U.S. are the largest greenhouse gas emitters in the world.