Photo of the Day

Photo of the Day

The Fiscal Times Staff  // 

March 27, 2014

Smoke rises from chimneys of a thermal power plant near Shanghai. China's energy-hungry, high-polluting industries continued to grow too fast in 2013, putting "huge pressures" on the environment and causing air quality to worsen, the country's pollution agency said on Tuesday. Premier Li Keqiang "declared war" on pollution in a major policy address this month, but China has long struggled to strike a balance between protecting the environment and keeping up economic growth. 

REUTERS/Carlos Barria