C2ES submitted this paper to the UNFCCC on September 15, 2023.
Statement of Bob Perciasepe
President, Center for Climate and Energy Solutions
September 25, 2015
On today’s U.S.-China joint statement on climate change:
The United States and China today advanced the global climate effort on two fronts – by committing to strengthen their national efforts to curb emissions, and by breaking ground on key elements of a new global accord.
In setting a start date for its national emissions trading system, China sends a powerful signal that market-based strategies will play a critical role in the transition to a low-carbon future. In the U.S., states have the opportunity to employ similar cost-effective approaches to cut emissions from power plants under the new Clean Power Plan.
Beyond their respective national efforts, the two leaders helped pave the way for a meaningful agreement in Paris by offering a shared vision for moving beyond the historic developed-developing country divide.
These new understandings can help deliver an agreement that ensures accountability and works to build ambition over time. And by committing $3 billion to help other developing countries, China is assuming shared responsibility for mobilizing critical climate finance.
Many issues remain and the United States and China cannot achieve a global accord alone. But the growing alignment of the world’s two largest economies and emitters bodes well for a successful outcome in Paris.
Contact: Laura Rehrmann, firstname.lastname@example.org or 703-516-0621
About C2ES: The Center for Climate and Energy Solutions (C2ES) is an independent, nonprofit, nonpartisan organization promoting strong policy and action to address our climate and energy challenges. Learn more at www.c2es.org.