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

"WASHINGTON — President Xi Jinping of China will make a landmark commitment on Friday to start a national program in 2017 that will limit and put a price on greenhouse gas emissions, Obama administration officials said on Thursday.

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.

The announcement, to come during a White House summit meeting with President Obama, is part of an ambitious effort by China and the United States to use their leverage internationally to tackle climate change and to pressure other nations to do the same."

Julie Hirschfeld Davis and Coral Davenport report for the New York Times September  24, 2015.

SEE ALSO:

"U.S., China To Deliver New Plan for Climate Pact" (Politico)

"Fading Coal Industry in China May Offer Chance to Aid Climate" (New York Times)

"China Says It Will Start the World's Biggest Carbon Market by 2017" (Mother Jones)

"China To Announce Cap-And-Trade Program To Limit Emissions" (Reuters)

"China To Launch National Cap-And-Trade Plan In 2017, US Announces " (Guardian)
 

Source: NY Times, 09/25/2015