The US and China have made a second major joint announcement on climate that details domestic actions the two countries will take to address emissions after 2020 -and which follows on from a joint climate commitment the nations made last November. The confirmation from Chinese President Xi Jinping of a national carbon market for China forms the most significant component of the announcement, which was made at a UN development summit in New York. President Xi announced that China will run a national carbon market in 2017-the first time he has publically made such a commitment, though Chinese officials have been talking about it since last year and it had originally been slated for 2016.
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