New York???s is losing money, and in other cities such as Washington, they run in the red. 09/03/2014 China Plans World???s Largest CO2 Market While U.S. Drags Its Feetby Eric JustianUpon learning today that China has a plan in place for a carbon emissions ???cap and trade??? market by 2016, my joy was mixed with frustration at U.S. foot-dragging. 09/02/2014 Obama to Seek ???Politically Binding???