Policy - 17/March/2017
Entry of China heralds emissions trading shake up
When China later this year introduces its emissions trading system, it will double the combined size of all existing carbon markets.
China’s roll-out of its emission trading system this year doubles the combined size of all existing markets for carbon credit trade. Helped along by a market-coupling mechanism introduced under the UN’s Paris Agreement, a global carbon price with bite may yet transpire. ...
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