The U.S. and China - the two biggest economies and largest carbon polluters - have announced separate efforts to combat climate change. The initiatives could provide momentum going into major climate talks in Scotland in less than six weeks.
China's President Xi Jinping remotely addresses the 76th session of the United Nations General Assembly in a pre-recorded message, Tuesday Sept. 21, 2021, at UN headquarters.
“Today was a really good day for the world,” United Kingdom Prime Minister Boris Johnson, who is hosting the upcoming climate negotiations, told Vice President Kamala Harris. From 2013 to 2019, data showed that China was financing 13% of coal-fired power capacity built outside China – “far and away the largest public financier,” said Kevin Gallagher, who directs the Boston University center. Japan and South Korea announced earlier this year that they were getting out of the coal-financing business.
What also matters is when China stops building new coal plants at home and shutters old ones, Tsang said. That will be part of a push in the G-20 meetings in Italy next month, he said. “The Chinese are going to respond to international pressure, rather than just American bilateral pressure right now,” said Deborah Seligsohn, an expert on China’s politics and energy at Villanova University.
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