U.S. and China Make Landmark Climate Deal
An anonymous reader writes: After extended talks on the issue of climate change, the U.S. and China have reached a landmark accord to curb emissions in the near future. The two countries are the top carbon polluters, so their actions are likely to have a major effect on world pollution levels and also set the standard for other countries. The agreement includes China's first-ever commitment to stop the growth of its emissions by 2030. They plan on shifting a big chunk of their energy production to renewables in that time. The U.S. agreed to emit 26-28% less carbon in 2025 than it did in 2005. Their efforts could spur greater enthusiasm for a new global climate agreement in 2015.
Reader jones_supa adds details of another interesting part of the U.S.-China talks:
Technology products look likely to gain more access to international markets as a result of upgrade between the U.S. and China on a 1996 tariff-eliminating trade agreement that President Obama announced Tuesday in Beijing. The agreement is expected to lower prices on a raft of new technology products by eliminating border tariffs — a price impact that's expected to be larger outside the United States, since U.S. tariffs on high-tech goods are generally lower than those overseas. "This is a win-win-win agreement for information and communication technology industries in the U.S., Europe, Japan and China, for businesses and consumers who purchase IT products and for the global economy."
Everyone who believes China will uphold their end of the deal, raise your hand.
Thought so.
I wonder where Obama is going to plant those magic beans he just bought.
When Fascism comes to America, it will call itself Anti-Fascism, and tell you to give up your guns.
So China promises to stop increasing by 2030, and the US promises to cut ~26% by 2025.
That's powerful negotiation right there. I wish I were discussing my next raise with this administration.
-Styopa
We were not polluting for decades. It is only recently that climate change became dangerous. Until then, carbon dioxide emissions were not dangerous and not pollution.
The republican solution to fixing everything is to make it cheaper for business, particularly big business, by levelling the playing field with places like China, completely ignoring that we would then be marinating in our own pollution and likely lowering our standard of living even further to do so. Still, it has been seen time and time again that you can get people to vote against their best interest if you spend enough money on it.
My own solution to try to equalize things a bit is to start to gradually tariff/tax things that are made with less rigid standards in the United States. For instance, if an Iphone is made with working conditions we would not tolerate and a lot of pollution is created in the process then we tariff that enough so that it is possible for the US to compete. Similarly things like coal plants that likely cause a lot of secondary health problems, particularly if they don't have up to date technology, should have to pay for the external health costs. That way cleaner tech can fairly compete. Society as a whole pays the total bill. It makes no sense to save money one place only to be forced to spend a total amount that is greater.