Think fast—which industrialized country is slacking off the most on battling climate change? Nope, not the US, where many government leaders deny there’s anything to fight. Nor Australia, where the government reversed itself on establishing a carbon tax and trading system.
Building on strong progress during the first six years of the Administration, today President Obama announced a new target to cut net greenhouse gas emissions 26-28 percent below 2005 levels by 2025. At the same time, President Xi Jinping of China announced targets to peak CO2 emissions around 2030.
Other than a slight uptick from 2012 to 2013, U.S. carbon dioxide emissions have been on a slow decline since 2007. And according to a new report by Greenpeace, 70 percent of that drop was thanks to renewables and energy efficiency.