China Nears Climate-Change Deal With U.S. Over Fuel Efficiency

By Alex Morales and Jim Efstathiou Jr. on August 23, 2009

China and the U.S., the biggest sources of the greenhouse gas emissions heating the planet, have stood in the way of an international climate treaty for almost as long as there have been efforts to craft one. The U.S. never ratified the 1997 Kyoto Protocol partly because the pact didn’t compel China and other developing economies to lower emissions.

Now, the two countries may be moving toward agreement on how to rein in the 40 percent of the world’s carbon dioxide pollution that comes from their cars, factories and power plants.

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