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US and China announce \\\'historic\\\' climate accord

Wednesday, 12 November 2014


BEIJING: China and the US have unveiled new targets on greenhouse gas emissions, as the leaders of the two countries met for talks in Beijing.
US President Barack Obama said the move was "historic", as he set a new goal of reducing US levels between 26pc-28pc by 2025, compared with 2005 levels.
China did not set a specific target, but said emissions would peak by 2030.
The two countries also agreed to reduce the possibility of military accidents in the air and sea.
The news came during a state visit by Mr Obama to Beijing, which followed a major Asian regional summit.
It is the first time China, the world's biggest polluter, has set an approximate date for emissions to peak.
The two countries together produce about 45pc of the world's carbon dioxide.
The unexpected announcement is a bid to boost efforts to secure a global deal on reducing emissions after 2020, to be finalised next year in Paris, according to a news agency.