Like sparring siblings, China and the United States -- the world’s two biggest carbon dioxide emitters -- keep passing the climate-action buck back and forth: “Why should I cut emissions if they don’t have to?” Well, China is either the more mature of the pair, or just majorly sucking up to Mama Earth. The country is reportedly gearing up to set firm limits on greenhouse-gas emissions, seriously weakening one of the U.S.’s go-to excuses for climate inaction.
China's powerful National Development and Reform Commission has proposed an absolute cap on emissions starting in 2016. The proposal still needs to be accepted by the Chinese cabinet, but experts say the commission’s influence makes it likely to pass. China today also announced the details of trial carbon-trading programs that will roll out in seven regions by 2014. In February, the country had said it would implement a carbon tax, but backed off a few weeks later, saying it will wait until early next year to get started on that.
The commission’s carbon-cap proposal calls for Chinese emissions to peak in 2025, five years earlier than previously planned. RenewEconomy explains:
China has already pledged to cut its emissions intensity – the amount of Co2 it emits per economic unit – by up to 45 per cent by 2020. The significance of an absolute cap is that it promises to rein in emissions even if the economy grows faster than expected.