Mayor Garcetti Statement on Chinese Cap-and-Trade Announcement


"After hosting the U.S.-China Climate Leaders Summit in Los Angeles last week where states, provinces, and cities from both nations set aggressive local emissions targets, it is exciting to see President Obama and President Xi respond to our call for action today with their announcement that China will create a national cap-and-trade system.

"Through our work domestically with the Mayors' National Climate Action Agenda to help create cap-and-trade opportunities for cities outside of California, and abroad with our Chinese partners through our Summit agreements, we're showing it's possible to reduce emissions and improve air quality while boosting the economy. We look forward to continuing our U.S.-China collaboration to advance smart and sustainable cites in our two great nations." -- Los Angeles Mayor Eric Garcetti