'Major Milestone': U.S., China Announce Climate Breakthrough

The U.S. and China, which together account for more than a third of all of the world's greenhouse gas emissions, have negotiated a sweeping agreement to cut emissions drastically by 2030, a deal that President Barack Obama called a "major milestone" Wednesday at the Asia-Pacific Economic Cooperation summit in Beijing. The White House said the U.S. would seek by 2025 to reduce greenhouse gas emissions by 26 percent to 28 percent below a baseline level from 2005. At the same time, China said it intended to begin reversing the rise of its carbon emissions by 2030 and to increase the share of nuclear, wind, solar and other zero-emission power to 20 percent of all of its energy consumption by that year. At a joint news conference with Chinese President Xi Jinping, Obama said he hoped the deal — the first time China has ever agreed to "peak" its carbon emissions — would jump-start negotiations with an eye toward reaching a worldwide climate agreement in Paris next year...more

I wasn't much of a horse trader (didn't have the patience), but even rowdies like me can see this is a bad deal.  Obama's original proposal was to cut emissions 17 percent and now we're gonna cut them by more than 25 percent just so the Chicoms will "reverse the rise" of it's omissions by 2030?  Obama would starve to death in the private sector.