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posted by on Saturday June 03 2017, @06:41AM   Printer-friendly
from the balance-shifting dept.

The Guardian reports:

The European Union has rejected Donald Trump's offer to renegotiate the Paris climate agreement and pledged instead to bypass Washington to work with US business leaders and state governors to implement the historic accord's commitments.

Less than 24 hours after the US president announced his decision to withdraw from the 2015 agreement and strike a new, less ambitious deal with the rest of the world, Brussels declared its outright refusal to engage in such talks.

EU officials will instead cut out the White House to deal directly with the US states and major corporations, many of whom have already pledged to live by the terms forged in Paris.

China vows to partner with the EU on clean energy.

But Beijing and Brussels have been preparing to announce their intention to accelerate joint efforts to reduce global carbon emissions.

According to a statement being prepared before an EU-China summit in Brussels on Thursday and Friday, the new alliance will say they are determined to "lead the energy transition" toward a low-carbon economy.

The EU's climate commissioner, Miguel Arias Cañete, told the Guardian: "The EU and China are joining forces to forge ahead on the implementation of the Paris agreement and accelerate the global transition to clean energy."

Let's not wait for the guy with the awkward handshake anymore.

That's the gist of documents, seen by the Financial Times*, about the upcoming EU-China summit this Friday in Brussels.

Cooperation on the deployment of electric cars, energy efficiency labelling, and scientific research into green innovation. Further increasing the share of renewable energy, by boosting interconnected power networks. Setting up a scheme for emissions trading in China, with an eye of coupling that scheme to the pioneering EU version. Money to fund developing countries' climate plans.

"The increasing impacts of climate change require a decisive response", the joint statement reads,"Tackling climate change and reforming our energy systems are significant drivers of job creation, investment opportunities and economic growth."

* EU and China strengthen climate ties to counter US retreat. Financial Times, Wednesday May 31, 2017. [Paywalled]


Original Submission #1 Original Submission #2

 
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  • (Score: 2) by c0lo on Saturday June 03 2017, @01:54PM (2 children)

    by c0lo (156) Subscriber Badge on Saturday June 03 2017, @01:54PM (#519850) Journal

    (or any of the other (un)intended consequences) allowed us to earn more.

    Export the technology. Like in "Money to fund developing countries' climate plans."
    See? Acciona [wikipedia.org] already exported technology to you.

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  • (Score: 1) by khallow on Saturday June 03 2017, @03:21PM (1 child)

    by khallow (3766) Subscriber Badge on Saturday June 03 2017, @03:21PM (#519877) Journal
    How does that support your assertion? For example, the Wikipedia link states that Acciona was the primary owner of Nevada Solar One, the only project specifically mentioned by name on the Wikipedia page, a solar thermal project that's roughly twice as expensive per watt generated as solar cells.
    • (Score: 0) by Anonymous Coward on Saturday June 03 2017, @09:33PM

      by Anonymous Coward on Saturday June 03 2017, @09:33PM (#519990)

      It sold you the technology. Early adopters and all that, but it made money from you.

      In June 2014, Kohlberg Kravis Roberts announced it was taking a one-third stake in the international energy business of the company, at a cost of €417 million ($567 million).