China’s national carbon trading scheme has turned one. Photo: EPA-EFE
China’s national carbon trading scheme marks one-year anniversary, with analysts expecting stricter regulation and data monitoring ahead
- China’s national ETS regulates 2,162 companies from power generation sector, which together emit around 4.5 billion tonnes of carbon dioxide annually
- Big challenges for the national ETS currently are data quality and measurement, reporting and verification issues, say analysts
China’s national carbon trading scheme has turned one. Photo: EPA-EFE