BEIJING — As China scrambles to respond to the choking smog that has blanketed Beijing in recent weeks, authorities in several major cities are experimenting with carbon trading platforms. The schemes are one effort to get control over greenhouse gases in an economy still hungry for cheap energy.
Beijing’s smoggy days are literally off the charts, with small airborne particles that reduce visibility and threaten health.
It has been a persistent concern in recent years, but spiking pollution levels in January are sparking a public outcry.
Emissions from coal-fired electricity plants and busy factories are part of the problem that officials hope to get control over through carbon tradi
