NewEnergyNews: CHINA IN ON FIGHT TO STOP CLIMATE CHANGE

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    Friday, October 02, 2015

    CHINA IN ON FIGHT TO STOP CLIMATE CHANGE

    China shows US not alone in tackling climate change

    Carol Werner, October 2, 2015 (The Hill)

    “Those who reject climate action have been increasingly reluctant to attack the underlying science…[Instead, they argue] the United States shouldn't take action because no one else is…[This argument was shown] to be demonstrably false…[when] Chinese President Xi Jinping announced on Sept. 25, that, in 2017, his country will launch a nationwide cap-and-trade program to cut carbon emissions. China will set a maximum cap on how much carbon dioxide can be emitted, and major emitters (such as electric utilities, and makers of iron, steel, chemicals, building materials, and paper) will then be able to trade pollution permits among themselves. The cap can be progressively lowered, to encourage industries to further cut their emissions…[It fully commits] China to a specific climate action plan…[China also promised a $3.1 billion contribution] for the U.N. Green Climate Fund, which will help developing countries cut their carbon emissions and adapt to the existing impacts of climate change]…” click here for more

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