China to launch national carbon emission trading scheme on July 16

On Wednesday, two people with knowledge of the matter at hand said, China plans on hosting a launching ceremony for its national carbon emission trading scheme (ETS) on July 16.

The ETS will involve some 2,225 power plants across China, responsible for about 4 billion tonnes of carbon emission each year. China is set to become the world’s largest carbon trading market by volume.



Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Strategy, Sustainability

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