Is China leading the way on cap-and-trade?

Beijing's latest policy moves should be welcomed by the international community — though there are also reasons to be skeptical

China
(Image credit: (Tiananmen Square))

China is about to go green in a big way.

At least that's what Sun Cuihua, a climate change official with the National Development and Reform Commission (NDRC), China's main economic planning body, suggested this week. He confirmed that Beijing in 2016 would introduce a nationwide cap-and-trade program, in which carbon emissions are limited and polluters are incentivized to reduce emissions. Meanwhile, the U.S.'s own efforts to pass a similar system nationwide have long been dead in the water.

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