US, China Announce Ambitious New Climate Agreement

U.S. President Barack Obama, right, smiles after a group of children waved flags and flowers to cheer him during a welcome ceremony with Chinese President Xi Jinping at the Great Hall of the People in Beijing, China ... U.S. President Barack Obama, right, smiles after a group of children waved flags and flowers to cheer him during a welcome ceremony with Chinese President Xi Jinping at the Great Hall of the People in Beijing, China Wednesday, Nov. 12, 2014. When Xi Jinping took the reins of a booming China two years ago, President Barack Obama saw an opportunity to remake America's relationship with the Asian power. But even after Obama's unusually robust efforts to forge personal ties with Xi, the two leaders are meeting in Beijing amid significant tensions, both old and new. (AP Photo/Andy Wong) MORE LESS
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BEIJING (AP) — The United States and China unveiled ambitious targets Wednesday to reduce greenhouse gases, aiming to inject fresh momentum into the global fight against climate change ahead of a make-or-break treaty to be finalized next year.

President Barack Obama announced that the U.S. would move much faster in cutting pollution, with a goal to reduce by 26 percent to 28 percent by 2025, compared with 2005 levels. Earlier in his presidency, Obama set a goal to cut emissions by 17 percent by 2020.

Chinese President Xi Jinping, whose country’s emissions are still growing as it builds new coal plants, didn’t commit to cut emissions by a specific amount. Rather, he set a target for China’s emission to peak by 2030, or earlier if possible. He also pledged to increase the share of energy that China will derive from sources other than fossil fuels.

The unexpected breakthrough by the world’s two largest polluters reflected both nations’ desire to display a united front on climate change, blunting arguments from developing countries that have balked at demands that they get serious about cutting emissions. Yet it was unclear how feasible it would be for either country to meet their goals, and Obama’s pledge was sure to confront tough opposition from ascendant Republicans in Congress.

“This is, in my view, the most important bilateral climate announcement ever,” said David Sandalow, formerly a top environmental official at the White House and the Energy Department. “It sends the signal the two largest emitters in the world are working together to address this problem.”

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