The world's largest emitter of CO2, China, has adopted a cap-and-trade program would open the world's largest carbon market as early as 2016.
With a headline that includes the words "Now We're Really Out of Excuses," it's clear that James West's coverage of China's cap-and-trade program is implying a deficit of regulation here in the United States. However, most of the coverage comes in the form of infographics that explain "why China is doing this now, and what we know about the plan so far."
Perhaps the key factoid presented by the infographics: "China Aims to cut its 'carbon intensity—the CO2 it emits for each unit of GDP—by 40-45 percent from 2005 levels by 2050."
FULL STORY: China Just Got Serious About Global Warming. Now We're Really Out of Excuses.
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