"China and U.S. Seek a Truce on Greenhouse Gases
http://www.nytimes.com/2009/06/08/world/08treaty.html?ref=world By JOHN M. BRODER and JONATHAN ANSFIELD Published: June 7, 2009
WASHINGTON — For months the United States and China, by far the world’s two biggest emitters of greenhouse gases, have been warily circling each other in hopes of breaking a long impasse on global warming policy.
Both sides are demanding mutually assured reductions of emissions that are, in the current jargon, “measurable, verifiable and reportable.” In the background hover threats of great retaliation in the form of tariffs or other trade barriers if one nation does not agree to ceilings on emissions.
But there is cause for profound skepticism as well. The Chinese continue to resist mandatory ceilings on their emissions and are making financial and environmental demands on the United States that are political roadblocks.
The United States, despite optimistic words from the White House and Congress, has yet to enact any binding targets on greenhouse gas emissions. The energy bill now before Congress proposes emissions targets that are far short of what China and other nations say they expect of the United States.
Compounding the difficulty is the fact that both countries are struggling economically and the Chinese and American publics appear far more interested in jobs than in tackling environmental problems, a task that would necessarily be costly. ****"
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