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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to drive

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Inside the 'stealth wealth' playbook: How Silicon Valley's elite buy multimillion-dollar mansions without leaving a paper trail
climate change

Here’s How China Is Trying to Fix Global Warming

By
Jonathan Chew
Jonathan Chew
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By
Jonathan Chew
Jonathan Chew
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November 30, 2015, 4:26 PM ET
CHINA-ENVIRONMENT-CLIMATE
This photo taken on November 12, 2014 shows residents exercising amid heavy smog on the Bund in Shanghai as local meteorological department issued a yellow alert for smog. Chinese state media on November 13 sounded a note of caution on efforts to reduce carbon emissions, stressing "orderly" progress after Beijing set a goal for its emissions to peak "around 2030". CHINA OUT AFP PHOTO (Photo credit should read STR/AFP/Getty Images)Photograph by AFP/Getty Images

China is reportedly planning to launch two satellites into space next year to monitor its greenhouse gas emissions.

The country has prepped satellites for a May 2016 launch after four years of development at the Changchun Institute of Optics and Fine Mechanics and Physics, according to Reuters and as first reported by Xinhua.

The satellites are expected to help China, the world’s largest source of greenhouse gas pollution, curb its emissions. They will allow the country to research oceans and improve the accuracy of its monitoring tools, according to Reuters.

The announcement comes as more than 150 world leaders congregate in Paris for the 2015 United Nations Climate Change Conference. The gathering comes at a critical moment for countries to rein in carbon emissions and stop the effects of global warming.

Last week, the United Nations released a report showing 2015 was the hottest year on record. The U.N. weather agency called “human-induced global warming” one of the biggest culprits.

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