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illuminem summarizes for you the essential news of the day. Read the full piece on The New York Times or enjoy below:
🗞️ Driving the news: The United States and China have reached a significant climate agreement to increase clean energy and reduce fossil fuel emissions
• This pact comes ahead of the COP28 climate talks and is seen as a crucial step by the world's two largest greenhouse gas emitters
🔭 The context: The agreement, rare in the context of current U.S.-China geopolitical tensions, aims to triple global renewable energy capacity by 2030
• Both countries plan to set reduction targets for all greenhouse gases in their upcoming national climate pledges
🌍 Why it matters for the planet: This deal is pivotal as the U.S. and China together account for 38 percent of global greenhouse gases
• China's commitment to set concrete methane reduction targets, a major departure from its previous stance, is a significant development in global climate action
⏭️ What's next: The deal will likely shape the discussions at COP28, with potential implications for global renewable energy and fossil fuel phase-out strategies
💬 One quote: "Methane has been notably absent from China’s previous commitment under the Paris Agreement." (David Waskow, World Resources Institute)
📈 One stat: The U.S. and China account for 38 percent of the world's greenhouse gases, underscoring the significance of their joint climate actions
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