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

Video British Fighters on Frontline of Islamic State Information War

It’s estimated that several hundred British citizens are fighting for Islamic State alongside other foreign jihadists More

Pakistan's Political Turmoil Again Shines Spotlight on Military

Thousands of protesters calling for PM Sharif to step down continue protests in front of parliament, as critics fear political impasse could spur another military coup More

Photogallery Ebola Quarantines Spark Anxiety in Liberian Capital

Food prices rise sharply as residents attempting purchases clash with security forces, leaving one person dead More