China announces $1.6B air-pollution fund

HUFFINGTON POST: …The fund will be set up to reward rather than offer subsidies for the prevention and control of air pollution in the key areas, according to a statement released after a Wednesday meeting of the State Council led by Premier Ki Keqiang. It said controlling pollutants such as particulate matter in the air should be a key task.

The statement said the consumption of coal should be controlled and also called for increased efforts to promote high-quality gasoline for vehicles, energy saving in construction and the use of environmentally friendly boilers…

Separately Wednesday, the official Xinhua News Agency reported that Beijing’s city government said it would shut down 300 polluting factories this year and eventually phase out some industries to improve the city’s air, citing a document detailing the capital’s action plan to 2017 to clean up its air. Energy and pollution-intensive projects such as steel and cement are not to be approved on principle, it said… (more)

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