A Market Solution

Sandor, Richard L.
January 2008
China Business Review;Jan/Feb2008, Vol. 35 Issue 1, p24
Academic Journal
The article focuses on the efforts of China in looking for various solutions, including market-based mechanisms, to address its pressing environmental concerns. One successful program the country has been studying is the U.S. cap-and-trade program for sulfur dioxide. The article argues that creating a market for emissions trading could help to achieve China's twin goals of curbing pollution and perpetuating economic growth. It further states that any design for an emissions exchange market should take into account flexibility, transparency, enforcement, and coordination among government bodies.


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