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What can China achieve with cap-and-trade?

2015-09-27 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New Yorker: It was hard to avoid the irony. The leader of China--nominally, at least, a Communist country--came to Washington and announced that his government was adopting a market-based approach to curbing carbon emissions. Meanwhile, to reduce its carbon emissions, the unreservedly capitalist U.S. of A. is relying on regulations issued by a centralized bureaucracy. In an announcement timed to coincide with todays summit between Presidents Xi Jinping and Barack Obama, the Chinese government said that it...

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