Saturday, September 04, 2021

Biden rebuffed as US and China fail to reach climate agreement

 

As we have predicted for some time, the US administration’s attempt to pressure China and other emerging nations into accepting Joe Biden’s Net Zero agenda is failing and is unlikely to be accepted by the UN climate summit in November (COP26).

Beijing has now publicly rebuffed John Kerry’s latest attempt to push China into a corner.

Ever since he was made US climate envoy by President Biden, Kerry has argued that in order to limit global warming to the 1.5C target enshrined in the 2015 Paris climate accord, China would have to cut CO2 emissions much sooner than the Paris Agreement allows, warning that China’s failure to agree stronger cuts now could lead the US to impose punitive carbon border taxes.

China, however, is opposed to committing to the 1.5 C goal and objects to any changes to the Paris Agreement which adopted a pledge to cap global surface temperature rise at “well below” two degrees Celsius and an aspirational limit of 1.5 degrees...MORE



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