The US plans to cut net greenhouse gas emissions 26%-28% below 2005 levels by 2025 while China targets to cut CO2 emissions around 2030 or early and to increase the non-fossil fuel share of all energy to around 20% by then.
With the new goals, the US would double the carbon pollution reduction pace from 1.2% per year on average during the 2005-2020 period to 2.3%-2.8% per year on average between 2020 and 2025.
The ambitious target will also enable the US to achieve the deep economy-wide reductions to the order of 80% by 2050.
The US is expected to submit its 2025 target later than the first quarter of 2015 to the Framework Convention on Climate Change as an Intended Nationally Determined Contribution.
On the other hand, China intends to expand the total energy consumption coming from zero-emission sources to around 20% by 2030 by deploying an additional 800-1,000GW of renewable energy.
The two nations aim to strengthen their policy dialogue and practical cooperation, including cooperation on advanced coal technologies, nuclear energy, shale gas and renewable energy, in order to optimize the energy mix and reduce emissions.
The EU has already backed a binding target of 40% cut in greenhouse gas emissions by 2030.
