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California and Shenzhen, China Sign Climate Change Agreement

"California and Shenzhen have agreed to work together to share policy design and early experiences from their climate trading programs."

8:46 AM, Jun 19, 2013 • By DANIEL HALPER
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The state of California and Shenzhen, China have signed an agreement to cooperate together in fighting climate change.

"Moving to further strengthen California's ties with China, California Air Resources Board Chairman Mary Nichols and Director of the Shenzhen Development and Reform Commission Xu Anliang signed a memorandum of understanding today in Shenzhen that will expand cooperation at the subnational level to tackle global climate change," a press release, datelined Shenzhen, China, reads.

"The agreement builds on the significant diplomatic and business exchanges between California and China over the past year and a half, including the Governor’s Trade and Investment Mission to China in April – which featured a visit to Shenzhen and Governor Brown's meetings with President Xi Jinping earlier this month and last February .

"Under today’s agreement, California and Shenzhen have agreed to work together to share policy design and early experiences from their climate trading programs, in order to build strong, stable and growing markets for clean energy technology and greenhouse gas emission reductions."

In Nichols speech, delivered yesterday in China, she says, "Like you, we understand the threat that climate change poses. We understand it is happening right now. And every day that passes without action we edge closer to an uncertain future. Our public health, our economy, and our security as individuals, states, countries – and, ultimately as an entire planet – are at stake."

And she celebrates collective action.  "But, like you, we also understand that we have the power to take action. We are doing it in California and you are doing it right here in Shenzhen."

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