New analyses by the International Energy Agency, Bloomberg New Energy Finance (BNEF) and other experts confirm what I explained in my last blog: that China's revised historical coal consumption figures for 2000-2012, while significant in absolute terms, will not affect long term trends or impact the upcoming climate negotiations.
Presidents Xi Jinping and Barack Obama announced new and strengthened actions by both countries domestically and working together as part of a joint presidential statement on climate change. These commitments provide substantial new financing for developing countries to build low-carbon and climate resilient economies.
Li Junfeng of China's National Development and Reform Commission has provided a helpful comparison of China's climate pledge and that of leading developed countries. He concludes that China is making significant contributions comparable to that of developed countries, based on a number of indicators we'll discuss below.