‘This week’s announcement, both from the U.S. and China, follows up on that target, providing a plan to reach it. A cap-and-trade program would set a national limit in China on carbon emissions in the heavy-polluting industries of power generation, iron and steel, chemicals, and building materials and require companies to buy credits to pollute. Another program will prioritize the use renewable energy on the grid.’
via China Shows It’s Getting Serious About Climate Change | TIME.