So I guess this is what President Obama meant when he said he wanted to take U.S.-China relations to a new level.
Obama and Chinese President Xi Jinping have come to an agreement on carbon emissions (H/T Patrick Brennan at NRO). The U.S. will commit to reducing emissions by 26-28% below 2005 levels while China's carbon emissions will peak "around 2030."
In other words, while this country has to reduce carbon emissions above and beyond what we have previously committed (17% below 2005 levels by 2020) for the next 15 years, China gets to increase its emissions unabated for the next 15 years give or take.
How exactly does this agreement advance American interests one bit? How does this help our economy?