US and China strike historic deal on greenhouse gas reductions

As the APEC Summit in Beijing wraps up, China and the US were saving the best til last, with a major press conference announcing an agreement on reducing greenhouse gases in an historic move by the two nations. The Chinese have committed to set a target for its emissions of to peak by around 2030, while the US set a goal to cut emissions by 26 to 28 per cent below 2005 levels by 2025.
The move is in stark contrast to Tony Abbott’s announcement that he wants to cut Australia’s renewable energy target by forty percent.
Photo: South China Morning Post
This story first appeared on The Wire