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China prepares to open national carbon market

Posted on 22 November 2016

No immediate emissions reduction is expected when it opens next year, but the huge scale of China’s carbon market provides hope for reductions from 2020 onwards. In the wake of Donald Trump’s surprise victory in the US presidential election, and his refusal to recognise climate change, China’s new carbon market is attracting particular attention.
China’s move is not just one of the most important outcomes of the US-China bilateral climate talks – it may be the most watched national climate change move since the Paris Agreement came into force…………………………………….Full Article: Source


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