Chinese president Hu Jintao told the U.N. that climate change “has a profound impact on the survival and development of mankind,” but stopped short of offering specifics on his country’s plans to address the problem. Still, Chinese policy expert Taiya Smith tells us the speech is a big deal because it shows the country is moving away from pursuing development at all costs. That’s good news for Henrik Fleischer, the CEO of energy technology firm Sargas, who tells about the bright future he sees for his carbon capture technology in the Chinese market.
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