Asia

As Pollution Worries Grow, China Experiments with Carbon Tradingi
X
January 31, 2013 9:47 PM
As China scrambles to respond to the choking smog that has blanketed Beijing in recent weeks, authorities in several major cities are experimenting with so-called carbon-trading markets. The schemes allow air polluters to buy and sell official permits for their harmful carbon emissions, and create strong incentives to cut these climate-changing pollutants. Carbon trading is the latest effort to get control over run-away greenhouse gases in an economy still hungry for cheap energy. Shannon Van Sant reports from Beijing.

As Pollution Worries Grow, China Experiments with Carbon Trading

Published January 31, 2013

As China scrambles to respond to the choking smog that has blanketed Beijing in recent weeks, authorities in several major cities are experimenting with so-called carbon-trading markets. The schemes allow air polluters to buy and sell official permits for their harmful carbon emissions, and create strong incentives to cut these climate-changing pollutants. Carbon trading is the latest effort to get control over run-away greenhouse gases in an economy still hungry for cheap energy. Shannon Van Sant reports from Beijing.


You May Like

Elusive Deal With Iran Could Yield Foreign Policy Legacy for Obama

A new Iranian leader -- and a strategic shift by the United States -- opens narrow window for nuclear agreement with Tehran More

Column: Saudi-Iran Meeting Could Boost Fight Against Islamic State

The fact that Iranians and Saudis are talking again does not guarantee a breakthrough, but it could make it easier to build a broad coalition against IS More

Thai Ruler Gives Top Cabinet Posts to Junta Inner Circle

Thailand's army chief has kept an iron grip on power as he extends the government, hand-picking an interim parliament that subsequently nominated him prime minister More