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China’s national carbon credit exchange likely delayed to 2016-2020

Posted on 14 June 2013

More time is needed for the nation’s seven pilot exchanges to build up sufficient data-collection infrastructure and trading rules. The mainland will not be in a position to form a national exchange to trade carbon emission rights until after 2015, according to an official of one of seven pilot exchanges.
It will take time for the nation’s seven pilot exchanges to build up sufficient data-collection infrastructure and trading rules, let alone operate smoothly and come up with a model that works nationwide, said David Tang Yue-tan, secretary of the board of Tianjin Climate Exchange………………………………………..Full Article: Source


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