China's President Xi is set to announce a nationwide carbon-cap-and-trade programme today, which will help the country to﻿ limit its carbon emissions. The landmark commitment will start in 2017, putting a price on greenhouse gas emissions that major Chinese industries produce﻿, including fossil fuels, steel, cement and paper. China accounts for around 30% of global greenhouse gas emissions, however, Xi Jinping's announcement will form part of China's path to halting the growth of carbon emissions by 2030.
China's President Xi Jinping is set to announce a nationwide carbon-cap-and-trade programme today, which will help the country to﻿ limit its carbon emissions. The landmark commitment will start in 2017, putting a price on greenhouse gas emissions that major Chinese industries produce﻿, including fossil fuels, steel, cement and paper. China accounts for around 30% of global greenhouse gas emissions, however, Xi's announcement will form part of China's path to halting the growth of carbon emissions by 2030.