US and China to cooperate on enhancing climate action
Joint declaration to tackle CO₂ and methane emissions, with China pledging to reduce coal consumption
The US and China have released a joint declaration at Cop26 announcing their intention to cooperate on “enhancing climate action” throughout the 2020s. “Both sides recognise that there is a gap between the current effort and the Paris Agreement goals, so we will jointly strengthen climate action and cooperation, with respect to our respective national situations and circumstances, to accelerate the green and low-carbon transition,” China’s climate envoy, Xie Zhenhua, said at a press conference on Wednesday evening. “This declaration includes strong statements about the alarming science, the emissions gap and the urgent need to accelerate action to close that gap. This is critical—we all have
Also in this section
1 May 2024
Abundant storage and low cost of capturing CO₂ from sharply rising gas production mean NOC’s ambitious CCUS targets look well within reach
29 April 2024
Decarbonisation push and shifting multilateral trade policy sharpens continent’s need for carbon trading
29 April 2024
Canada’s oil sands producers need policy certainty to make the multibillion-dollar investments needed to achieve net zero, Pathways Alliance president Kendall Dilling tells Carbon Economist
25 April 2024
Carbon capture rates forecast to rise steadily from end of decade, but policy tools to drive large-scale deployment have yet to take shape, according to DNV