China Just Got Serious About Global Warming. Now We're Really Out of Excuses.

The world's biggest polluter will set up a carbon market as early as 2016. Here's why that matters.

| Thu Sep. 4, 2014 6:10 AM EDT

Over the weekend, China announced it was moving forward with plans for a massive, nationwide cap-and-trade program intended to help combat global warming. Here's why China is doing this now, and what we know about the plan so far.

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