By: Karin Rives, EDF Voices editor
For the first time, the world's two largest greenhouse gas emitters have pledged to reduce carbon pollution. This is a game changer, writes Fred Krupp, president of Environmental Defense Fund, in a Wall Street Journal op-ed piece.
The agreement between the United States and China will be a giant boost for clean-energy markets.
Having the world’s two largest economies competing to accelerate the adoption of no-carbon and low-carbon technologies will send one of the most powerful market signals we have ever seen, Fred writes.
China, spurred by its smog-burdened cities and the growing costs from the impact of climate change, will be increasing its already substantial investments in solar and wind, working with the U.S. on new approaches to cleaner energy and reducing the country’s reliance on fossil fuels. Read More