Chinese national carbon trading scheme

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

This article is issued from Wikipedia - version of the 10/7/2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.