Pacific Money

Asia Turns Greener

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Pacific Money

Asia Turns Greener

Asia’s economic giants appear to be getting serious about tackling emissions.

Asia Turns Greener
Credit: Shanghai solar via Shutterstock.com

South Korea could compete with Europe in carbon credits, while China, Japan and even India are curbing greenhouse gases. Suddenly, Asia’s major economies are looking a shade greener, despite justified skepticism over the region’s patchy environmental record.

On Monday, Beijing’s Municipal Environmental Protection Bureau took a step toward cleaning up the polluted Chinese capital by announcing plans to ban the use of coal by the end of 2020, putting priority on electricity and natural gas for heating instead.

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