Friday, September 25, 2015

China to Announce Cap-and-Trade Program to Limit Emissions

<> China to Announce Cap-and-Trade Program to Limit Emissions - In what close observers are calling "a really big deal," President Xi Jinping of China will make a landmark commitment today to start a national program in 2017 that will limit and put a price on greenhouse gas emissions -- the move to create a so-called cap-and-trade system would be a substantial step by the world's largest polluter to reduce emissions from major industries, including steel, cement, paper and electric power.