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China sets up $1.65bn fund to solve air pollution
2014-02-13 11:20:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: China is set to offer financial rewards to companies in an effort to encourage them to clean up their operations, after setting up a $1.65 billion (990m) fund. Air pollution, driven by industrial growth and low environmental regulation, presents a huge challenge for the country. According to local news agency Xinhua, the central government will monitor the total emissions from each province and take that into consideration for each local governments political achievements. Many areas of China...
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Category:Electronics and Electrical