China announces $1.6 billion fund to fight air pollution
http://www.thenewstribune.com/2014/02/14/3046827/china-announces-16-billion-fund.html
China announces $1.6 billion fund to fight air pollution
February 14, 2014
Chinas Cabinet has announced that 10 billion yuan ($1.6 billion) has been set aside this year to reward cities and regions that make significant progress in controlling air pollution.
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 Li 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.