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China steps up climate fight with launch of emissions trading scheme

China steps up climate fight through emissions trading

China steps up climate fight with emissions trading scheme

China slows climate change efforts after economic planners prioritise growth

Beijing [China], June 10 (ANI): Despite their high promises of reducing carbon emissions, China's top economic planners have put the brakes on climate efforts as driving growth has taken priority over meeting climate targets for now, according to people familiar with the matter.

China slows climate change efforts for growth

China slows climate change efforts for growth 11 Jun 2021, 02:19 GMT+10 Beijing [China], June 10 (ANI): Despite their high promises of reducing carbon emissions, China s top economic planners have put the brakes on climate efforts as driving growth has taken priority over meeting climate targets for now, according to people familiar with the matter. According to The Wall Street Journal (WSJ), officials at China s main economic planning agency, the National Development and Reform Commission, have limited the initial scope of a national carbon-trading system, which is set to go into full operation later this month after the pilot projects in eight Chinese cities.