27 September, 2015

China to announce a landmark emissions trading scheme


B

eijing: China, the world's biggest polluter, is about to announce a landmark emissions trading scheme to tackle climate change.

Chinese President Xi Jinping will on Friday (US time) announce the start of a nationwide cap-and-trade program to curtail carbon emissions in an important commitment to tackle global climate change, Obama administration officials in Washington said.

Mr Xi, who is on a week-long state visit in the United States, will also pledge a "significant financial commitment" to help poorer nations move away from fossil fuels in a joint announcement with his US counterpart Barack Obama.

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