Carbon Credit

David Tang of Tianjin Climate Exchange says China's carbon bourses need verification of the data they receive. Photo: Dickson Lee

China's national carbon credit exchange likely delayed to 2016-2020

It will take time for the nation's seven pilot exchanges to build up sufficient data-collection infrastructure and trading rules, let alone operate smoothly and come up with a model that works nationwide, said David Tang Yue-tan, secretary of the board of Tianjin Climate Exchange.