China and India Join Copenhagen Accord

This is a step in the right direction.

Climate Goal Is Supported by China and India

China and India join more than 100 countries that have signed up under the accord, which calls for limiting the rise in global temperatures to no more than 2 degrees Celsius, or 3.6 degrees Fahrenheit, beyond pre-industrial levels.

The agreement also calls for spending as much as $100 billion a year to help emerging countries adapt to climate change and develop low-carbon energy systems, to bring energy technology more quickly to the developing world and to take steps to protect tropical forests from destruction. ...
China has said it will try to voluntarily reduce its emissions of carbon dioxide per unit of economic growth — a measure known as “carbon intensity” — by 40 to 45 percent by 2020, compared with 2005 levels. India set a domestic emissions intensity reduction target of 20 to 25 percent by 2020, compared with 2005 levels, excluding its agricultural sector.