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China s carbon trading scheme: Everything you need to know about the new emission system
China is drafting a new climate change law that environmentalists say might address some of the shortcomings in the current carbon trading system.
Feb 09, 2021 12:17:14 IST
China has launched the world s biggest carbon trading system to help lower carbon emissions, but critics and analysts have raised doubts about whether it will have a signficant impact. China is the world s biggest emitter of the greenhouse gases that drive climate change, and the scheme is part of its efforts to decarbonise its economy by 2060. Here are a series of questions and answers on key parts of the emissions trading scheme (ETS):