OEF Rapid Review Articles
A five-year plan, 2016-2020, to save energy and cut emissions was issued by the Chinese State Council, setting a goal to cut energy consumption by 15 percent in 2020 compared with 2015. A carbon emissions trading market will be set up in 2017, and supportive policies will also be pursued, including a pricing mechanism for resources, monetary and tax incentives and financing support; an environmental protection tax will also be levied. Recyclable energy sources will be encouraged, as well as some substitution of coal by gas.
LINK TO THE SOURCE ARTICLE:
China Issues Five-Year Plan To Cut Emissions
LINK TO THE SOURCE ARTICLE:
China Issues Five-Year Plan To Cut Emissions