Chinese national carbon trading scheme

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The Chinese national carbon trading scheme was announced in November 2008 by the national government to enforce a compulsory carbon trading scheme across the country's provinces as part of its strategy to create a "low carbon civilisation".[1]

In 2014 it was announced to start in 2016.,[2] although smaller, regional markets were in place since 2012.[3]

The scheme would allow provinces to earn money by investing in carbon capture systems in those regions that fail to invest in the technology.[4]

The Economist Intelligence Unit produced a report in 2013 on China's experiments with carbon trading, addressing the challenges in creating such a programme in China.

See also

External links

References

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  1. ↑ Climate Ark:China outlines plans for domestic carbon trading
  2. ↑ [1]
  3. ↑ [2]
  4. ↑ businessgreen.com: China outlines plans for domestic carbon trading
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