“This announcement is another sign of the continued leadership of China and the United States on climate action. Their partnership is necessary to solve the global challenge of climate change.

“We’re encouraged to see China announce a national emissions trading system for its power and industrial sectors. We know such market-based systems are the most environmentally and economically sensible approach to controlling greenhouse gas emissions, the primary driver of global warming.”

Fred Krupp, president of Environmental Defense Fund

With more than 3 million members, Environmental Defense Fund creates transformational solutions to the most serious environmental problems. To do so, EDF links science, economics, law, and innovative private-sector partnerships to turn solutions into action. edf.org

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