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China Joins U.S. With Carbon Emissions Offer
Published Tuesday, December 01, 2009 at 05:19 AM
The official New China News Agency reports that China will lower its carbon emissions relative to the size of its economy by as much as 45 percent by 2020. Many world leaders were hoping for a 50 to 55 percent cut. Never-the-less, the 45 percent figure is close enough to suggest a possible breakthrough in Denmark this month’s during climate negotiations.

The Chinese announcement is on the heels of an announcement by the White House late last week that President Obama is prepared to offer a U.S. emissions reduction target in the range of 17% below 2005 levels in 2020. Pending legislation in the U.s. Congress calls for a 42% reduction below 2005 in 2030.

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