"California is proudly partnering with Great Britain to fight climate change and I look forward to advancing our efforts and linking our regional trading schemes so we can create a global carbon market," Schwarzenegger said in a statement e-mailed to Xinhua.

Last July, Schwarzenegger and British Prime Minister Tony Blair took the unprecedented step of signing an agreement between California and the United Kingdom to create an international partnership to fight against global warming.

The agreement includes efforts to evaluate and implement market-based mechanisms to spur innovation, deepen mutual understanding of the economics of climate change, collaborate on technology research and enhance linkages between scientific communities.

Schwarzenegger issued the statement following the introduction of legislation in Great Britain to reduce greenhouse gases. Announced by Blair, the legislative proposal is similar to California's Global Warming Solutions Act, signed into law by Schwarzenegger last year.

"I would like to congratulate Prime Minister Tony Blair for taking this historic step to do in Great Britain at the national level what California is doing at the state level," Schwarzenegger said.

He said Great Britain has already successfully reduced its greenhouse gas emissions below 1990 levels while at the same time expand their economy by 38 percent.

"California's economy stands to greatly benefit from the wave of new businesses and jobs created by the emerging technologies and different approaches to fighting climate change," he said. "By harnessing market forces, we will reduce carbon emissions to 1990 levels by the year 2020. And by 2050, we will reduce emissions to 80 percent below 1990 levels.

Since the implementation of California's Global Warming Solutions Act, the state has introduced the Low Carbon Fuel Standard, which is a ground breaking new policy to help the state achieve significant reductions in transportation emissions.

The plan will require those who sell fuel in California to reduce their carbon intensity by 10 percent by the year 2020.

"The new standard will help reduce our dependency on foreign oil and by the year 2020, this strategy will displace 20 percent of our gasoline consumption, more than triple the size of the state's renewable fuels market, and boost to 7 million the number of alternative fuel or hybrid vehicles on our roads," said the governor.

It is imperative that as many states and nations join together to tackle global warming which "impacts all of us," he said.

In addition to working with northeastern states and provinces in Canada, California recently partnered with four other western states to create the Western Regional Climate Action Initiative, a joint strategy to fight global warming.