China, the world’s biggest carbon polluter, will launch a national cap-and-trade scheme in 2017, the White House said on Thursday.China, the world’s biggest carbon polluter, will launch a national cap-and-trade scheme in 2017, the White House said on Thursday.
The move, announced on the eve of a summit in Washington between Presidents Barack Obama and Xi Jinping, would make China the world’s biggest carbon market, overtaking the European Union, and could strengthen global efforts to put a price on carbon. Read more.
It appears that China understands climate change better than our right-wing money grubbing politicians here in the USA.
Republican Senator Mitch McConnell August 24, 2010:
Senate Minority Leader Mitch McConnell (R-Ky.) said Monday that cap-and-trade energy legislation is “dead” in the upper chamber.
The Senate’s top Republican spoke before a local chamber of commerce in eastern Kentucky.