By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > US and China agree on climate collaboration despite trade tensions
News

US and China agree on climate collaboration despite trade tensions

News Room
Last updated: 2024/05/10 at 4:38 PM
By News Room
Share
3 Min Read
SHARE

Stay informed with free updates

Simply sign up to the Climate change myFT Digest — delivered directly to your inbox.

The US and China said they would “intensify” their co-operation on replacing coal with clean power as top diplomats from the world’s two largest polluters met in Washington this week.

The signs of co-operation follow the first substantial meeting between US climate envoy John Podesta and his Chinese counterpart Liu Zhenmin, following the retirement of their respective predecessors, John Kerry and Xie Zhenhua.

A US state department readout of the talks said Washington and Beijing had agreed to engage in “technical” exchanges across climate-related issues, including technology to measure greenhouse gas emissions and on methane emissions controls.

The two sides would also “intensify technical and policy exchanges” with each other on the roll out of renewable energy and the phase down of coal consumption. US officials said they raised the importance of slowing the growth of coal-fired power plants in China with their Chinese counterparts.

The meetings came against the backdrop of rising trade tensions between Beijing and Washington.

Podesta said the meetings had been “in-depth and productive”. “We have to get the climate problem under control, and there are no more important countries than the US and China to lead the way — even as our overall relationship between our two countries has increasingly been characterised by fierce competition,” he said.

Liu Zhenmin
China’s new top climate envoy Liu Zhenmin. US state department officials said the meetings were friendly © Bloomberg

State department officials said the meetings were friendly, with Liu and his staff having dinner at Podesta’s house one evening. During the preceding era of climate diplomacy, Kerry often boasted of his ability to maintain relations with his counterpart even in times of geopolitical strain.

Despite this closeness, climate negotiations between the US and China at times were stalled by broader souring of the relationship between the two countries.

US and Chinese diplomats were prevented from meeting for about a year when Beijing cut off climate talks in retaliation for former US House Speaker Nancy Pelosi’s trip to Taiwan in August of 2022. 

There was a rapprochement ahead of the UN’s COP28 climate summit in Dubai late last year, when the US and China reached an agreement, dubbed the Sunnylands statement for the location of the California meeting. This included a joint pledge to “accelerate the substitution” of fossil fuels with green energy.

At COP28, countries including the US and China reached a deal to transition away from fossil fuels in an attempt to reach global net zero by 2050.

Read the full article here

News Room May 10, 2024 May 10, 2024
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
SoftBank strikes $4bn AI data centre deal with DigitalBridge

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

Former Intel CEO explains why the Trump administration is taking a stake in his chip startup

Watch full video on YouTube

Waymo Leads The 2025 Robotaxi Surge As Zoox Expands And Tesla Races To Catch Up

Watch full video on YouTube

Allspring Income Plus Fund Q3 2025 Commentary (Mutual Fund:WSINX)

Allspring is a company committed to thoughtful investing, purposeful planning, and the…

Pope Leo’s pick to lead New York Catholics signals shift away from Maga

As archbishop of New York for the past 16 years, Cardinal Timothy…

- Advertisement -
Ad imageAd image

You Might Also Like

News

SoftBank strikes $4bn AI data centre deal with DigitalBridge

By News Room
News

Allspring Income Plus Fund Q3 2025 Commentary (Mutual Fund:WSINX)

By News Room
News

Pope Leo’s pick to lead New York Catholics signals shift away from Maga

By News Room
News

Why bomb Sokoto? Trump’s strikes baffle Nigerians

By News Room
News

Pressure grows on Target as activist investor builds stake

By News Room
News

Mosque bombing in Alawite district in Syria leaves at least 8 dead

By News Room
News

EU will lose ‘race to the bottom’ on regulation, says competition chief

By News Room
News

Columbia Short Term Bond Fund Q3 2025 Commentary (Mutual Fund:NSTRX)

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?