China launches largest carbon market in the world

By |december 19th, 2017|cap and trade market, capping emissions, carbon market, carbon price, CO2 emissions, emission trading scheme, ETS, EU-China relations, global emissions, News|

China launched what will become the world’s largest carbon market on Tuesday (19 December), surpassing the EU’s flagship market mechanism to cap and trade emissions. The scheme is part of a host of major policies China is using to peak its GHGs by 2030.