Solar Energy Industries Association (SEIA) today hailed a major new effort by China and the United States to reduce greenhouse gas emissions (GHG) as part of efforts to fight damaging climate change.

WASHINGTON, DC - Calling it an "historic, breakthrough agreement," the Solar Energy Industries Association (SEIA) today hailed a major new effort by China and the United States to reduce greenhouse gas emissions (GHG) as part of efforts to fight damaging climate change. The bilateral agreement sends a clear signal to private investors and political leaders here at home and around the world that solving climate change is a top priority on both sides of the globe, according to SEIA President and CEO Rhone Resch.

"This historic, breakthrough agreement represents a huge step forward when it comes to fighting climate change, and we're prepared to do our part," Resch said. "This year, solar is expected to offset an estimated 20 million metric tons of harmful CO2 emissions, which is the equivalent of taking 4 million cars off U.S. highways, saving 2.1 billion gallons of gasoline or shuttering half a dozen coal-fired power plants -- and we're just scratching the surface of our capabilities.

"Simply put, when looking at America's energy future, solar can be a real game changer, providing more and more homes, businesses, schools and government entities across the United States with clean, reliable and affordable electricity, while also helping states to meet proposed new obligations under Section 111(d) of the Clean Air Act, as well as helping America to meet its carbon reduction goals under this agreement."