China to Announce Cap-and-Trade Program to Limit Emissions

September 24, 2015 7:13 PM

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China to Announce Cap-and-Trade Program to Limit Emissions

WASHINGTON — President Xi Jinping of China will make a landmark commitment on Friday to start a national program in 2017 that will limit and put a price on greenhouse gas emissions, Obama administration officials said on Thursday.

The move to create a so-called cap-and-trade system would be a substantial step by the world’s largest polluter to reduce emissions from major industries, including steel, cement, paper and electric power.

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