U.S., China Reach 'Milestone' Climate Deal

In Beijing, President Obama touted China's agreement to lower emissions by 2030 and more ambitious goals for the U.S.
1:30 | 11/12/14

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Transcript for U.S., China Reach 'Milestone' Climate Deal
Welcome to make sure attention part. Or changes in the international climate change negotiations will reach an agreement has scheduled hat over Harris conferencing 2015 different we need to took deep position to corporation. Honed coming and keep that in environmental protection around various. That's why today I am proud that we can announced an historic agreement. I commend president Sheikh his team and the Chinese Government. For the commitment they are making. Too slow. Peak and then reverse the course of China's carbon emissions. Today I can also announced that the United States is certainly new goal of reducing our net greenhouse gas emissions by. 26 to 28%. Below 2005 levels by the year two point twenty far. This is an ambitious goal but it is an achievable goal. It will double the pace at which were reducing carbon pollution in the United States and will put. Both our nations on the path to a low carbon economy. This is a major milestone in the US China relationship. And it shows what's possible. When we work together on an urgent global challenge. In addition by making this announcement today. Together. We hope to encourage all major economies to be ambitious. All countries developing and developed to work across some of the old divides so we can conclude a strong global climate agreement next year.

This transcript has been automatically generated and may not be 100% accurate.

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