China accounts for around 30% of the world's CO2 emissions, more than twice that of the U.S., but it's spending more on clean energy development.
Biden's massive $2 trillion infrastructure proposal, if signed into law, would be one of America's largest federal efforts ever to stem its greenhouse gas emissions.
John Kerry, special presidential envoy for climate, speaks during a news conference in the James S. Brady Press Briefing Room at the White House in Washington, on Wednesday, Jan. 27, 2021.No single country can solve the climate crisis — and the American pursuit of greater research and development on climate change is not a counter to China, the Biden administration's climate envoy John Kerry told CNBC on Sunday.
"No one nation can solve this problem by itself — impossible. Each of us need everybody else at the table to make this happen," Kerry told CNBC's Hadley Gamble in Abu Dhabi after wrapping up the UAE's Regional Climate Dialogue, during which he toured renewable energy facilities in the oil-rich Gulf state.
This is about China, the United States, India, Russia, Indonesia, Japan, Korea, Australia, a bunch of countries that are emitting a pretty sizable amount, the United States and China the most.President Joe Biden has made tackling climate change a key priority of his administration.