China Launches World’s Biggest Carbon Trading Market: ‘It’s like the Pyramids of Giza for climate policy’
“China launched a nationwide carbon-trading scheme Tuesday, solidifying the country’s role as an emerging leader in the fight against climate change.
The market will initially cover about 1,700 of the country’s coal- and natural-gas-based power-generating companies, accounting for about 3 billion tons of carbon dioxide emissions per year — more than a third of the country’s total, China’s powerful National Development and Reform Commission announced at a news conference…”
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https://www.goodnewsnetwork.org/china-launches-worlds-biggest-carbon-trading-market/