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Last week President Obama gained a much needed diplomatic victory when he and Chinese President Xi Jinping announced a bilateral climate change deal. The non-binding accord pledged both nations to make feasible steps in reducing carbon dioxide (CO2) emissions and lays the foundation for environmental cooperation. It creates the first cap of Chinese CO2 emissions – the highest in the world – and may eventually produce a comprehensive global climate deal in Paris next year. While some climate activists praised the deal, others warned that it did not go far enough. Republicans argued that the deal will present another workaround of Congress and hurt the American economy. Other nations, especially those who have resisted caps on CO2 emissions, remained mum about the accord.
This topic brief will discuss the tenets of the China-U.S. climate deal, the challenges and difficulties of making it work, and how the deal may impact the world’s ability to produce a new climate deal by the end of 2015.
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