CLIMATE CHANGE AND ENVIRONMENTAL UPDATE

International Climate Change Update

October 14, 2009

At last month’s United Nations Summit on Climate Change, China’s President Hu Jintao stated his country would decrease its greenhouse gas ("GHG") emissions intensity (defined as GHG emission per unit of gross domestic product) by a “notable margin” by 2020 as compared to 2005 levels. While vague and not binding, this is an important development as it is the first time China has pledged to reduce its GHG emissions. Climate change is expected to be a top issue when President Obama visits China in November in advance of the international meetings in Copenhagen in December.

 

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