By Phil Mattingly and David J. Lynch | Bloomberg
President Barack Obama pledged deeper U.S. cuts in greenhouse-gas emissions and China will for the first time set a target for capping carbon emissions under an agreement between the world’s two biggest economies.
Culminating months of behind-the-scenes negotiations between U.S. and Chinese officials, Obama and Chinese President Xi Jinping outlined the accord, which they said would help push other nations to negotiate a global pact next year in Paris.
