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China set to launch world’s second largest carbon-trading scheme

Posted on 28 November 2013

China’s Guangdong Province, the second-largest by population, will begin a carbon-emissions-trading scheme next month as the world’s largest emitter of greenhouse gases attempts to combat air pollution, Reuters reports.
Once the carbon market is up and running, it will stand as the second largest of its kind, trailing o nly the European Union. The program is one of seven pilot programs currently in the works in China and will come on the heels of the launch of similar markets in the cities of Shanghai and Beijing……………………………………….Full Article: Source


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