China To Announce Cap-And-Trade ProgramPlay
During his visit to the United States, China's President Xi Jinping will announce that the country will start a cap-and-trade program in 2017. This will put a price on greenhouse gas emissions, according to Obama administration officials. The move is an effort to reduce emissions by the world's largest polluter.
Mike Regan of Bloomberg News joins Here & Now's Peter O'Dowd to discuss the announcement.
- Mike Regan, editor at Bloomberg News. He tweets @reganonymous.
This segment aired on September 25, 2015.