U.S., China to unveil new climate regulations

U.S. officials on Thursday previewed new climate regulations that will be unveiled when President Barack Obama and President Xi Jinping meet for bilateral talks on Friday.

The largest is a cap-and-trade-style system in China, by which the world’s largest polluter will reaffirm its commitment made last year to substantially reduce its carbon emissions.

China also plans to make a “significant” new contribution to green power, though U.S. officials wouldn’t provide additional details.

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