Sunday, November 29, 2009

China pledges emission cuts per unit of GDP

The Chinese announcement Thursday Nov. 26 of firm targets in emission cuts is tied to the country's GDP.

The tactic is unique among the major greenhouse gas emitters, however it does represent some quantifiable target, which is something that no one has been sure the Chinese would agree to.

The specific target set is to reduce co2 emissions by 40-45% of 2005 levels by 2020, relative to each point of GDP.

According to the People's Daily, United Nations Development Program (UNDP) Administrator Helen Clark said "That is a very important and ambitious target... The announcement injects a momentum in leading up to the Copenhagen summit".

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