The Governor then traveled to Guangdong’s Capital City of Guangzhou. Governor Newsom met with Governor Wang Weizhong of Guangdong and discussed years of successful climate collaboration between the two governments. California and Guangdong then signed a new MOU focused on carbon markets, industrial and power sector decarbonization, and climate adaptation. The text of the MOU is here.
This new MOU adds to a 2013 MOU between California’s Environmental Protection Agency and Guangdong under the leadership of Governor Jerry Brown. Since then, Guangdong’s Department of Ecology and Environment and the California Air Resources Board and California Energy Commission have had productive technical exchanges on carbon markets, energy planning and reducing methane in agricultural and waste sectors.
California’s cap and trade program has been a critical tool for reducing greenhouse gas emissions and has funded over $25 billion for the state’s climate programs. The MOU signed today will support Guangdong – the Chinese province with the biggest GDP – as it seeks to replicate California’s efforts to broaden the scope of its cap-and-trade market.
As part of efforts to decarbonize, Guangdong is currently building 200 hydrogen refueling stations to support a goal of 10,000 hydrogen vehicles on the road by 2025. California was recently selected as a national hydrogen hub and is set to receive up to $1.2 billion from the U.S. Department of Energy to accelerate the development and deployment of clean renewable hydrogen, critical to cutting pollution and expanding the clean energy economy statewide.
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