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Report: China to offer cash rewards to regions that cut smog

2014-01-10 13:31:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Having tried to deliver improvements in air quality through a raft of new legislation, the Chinese government is now reportedly turning to the promise of cash rewards as part of its latest effort to tackle the country's worsening smog crisis. According to Bloomberg reports, China's Economic Observer has revealed that regional governments are being offered up to 10bn yuan ($1.65bn) in cash rewards if they deliver on emission reduction targets this year. Citing comments from Zhou Shengxian, China's...

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