US President Barack Obama said the move was "historic", as he set a new goal of reducing US levels between 26%-28% by 2025, compared with 2005 levels.
China did not set a specific target, but said emissions would peak by 2030.
Wednesday's pledge is the first time it has agreed to set a ceiling, albeit an undefined one, on overall emissions.
An undefined ceiling eh? Hmm... let's see... is that similar to no ceiling?
I think it is.
READER: PLEASE CLICK THE REACTION BELOW - THANKS!
All original material is copyright of its author. Fair use permitted. Contact via comment. Unless indicated otherwise, all internet links accessed at time of writing. Nothing here should be taken as personal advice, financial or otherwise. No liability is accepted for third-party content, whether incorporated in or linked to this blog; or for unintentional error and inaccuracy. The blog author may have, or intend to change, a personal position in any stock or other kind of investment mentioned.
2 comments:
It's not a commitment, it's a prediction.
Sackers - yes, a business as usual prediction.
Post a Comment