U.S., China Reach Historic Climate Change Agreement

Stunning and welcome climate change news came out of China on Tuesday, when President Obama and Chinese President Xi Jinping announced a historic joint climate commitment. The U.S. pledged to cut greenhouse gas emissions by 26 - 28% by 2025, compared with 2005 levels. In turn, China agreed to peak its greenhouse gas emissions by 2030--and sooner if possible--and to get 20% of its energy from non-fossil fuel sources by 2030. In order to achieve its part of the bargain, the U.S. will need to double the pace of carbon pollution reduction from 1.2% per year from 2005-2020 to 2.3 - 2.8% per year between 2020 - 2025. In order to achieve its part of the deal, China must deploy an additional 800 - 1,000 gigawatts of nuclear, wind, solar and other zero emission generation capacity by 2030--more than all the coal-fired power plants that exist in China today, and close to total current electricity generation capacity in the United States.   
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