Illustration: Henry Wong Illustration: Henry Wong
Illustration: Henry Wong

Climate change: China’s emissions-trading market needs fine-tuning as it evolves to help the nation reach decarbonisation goal

  • The launch of Shanghai Environment and Energy Exchange, the world’s largest carbon-trading market, is a step towards net-zero emissions by 2060
  • A market-based pricing mechanism, stiff penalties for firms failing to act and tighter regulations could help trading take off, say analysts

Topic |   China’s carbon neutral goal
Illustration: Henry Wong Illustration: Henry Wong
Illustration: Henry Wong
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