Obama’s U.S. Carbon Cuts Likely To Win Muted Applause Abroad
President Barack Obama’s plan to cut greenhouse gas emissions from U.S. power plants, due to be announced on Monday, will win muted applause abroad with some hopes it could help a U.N. deal to fight climate change in 2015. Emerging economies including China and India are likely to be lukewarm because they have often said that Obama’s plans for emissions cuts until 2020 – even if fully implemented – are far short of the curbs they say are needed by the rich.
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