Is China Outdoing US in Curbing Carbon – Mark Clayton
If the United States starts charging people and businesses for the greenhouse gases they emit but China does not, America’s economy could fall behind its fast-growing Asian competitor.
It’s a crucial issue now bogging climate-change legislation on Capitol Hill. No lawmaker wants to push through laws that are likely to raise US energy costs and hand an advantage to global-warming scofflaws.
But new evidence suggests that, despite a fast-growing economy that could make it the world’s largest carbon-dioxide emitter as early as this year, China may be getting on board. In a bid to cut energy costs, boost energy security, and reduce air pollution, it could be essentially creating the largest greenhouse-gas-reduction plan on the planet.[Full Text]