A man takes photos of the Forbidden City as thick haze engulfs Beijing on December 9, 2019. China has committed to being carbon neutral by 2060. Photo: EPA-EFE A man takes photos of the Forbidden City as thick haze engulfs Beijing on December 9, 2019. China has committed to being carbon neutral by 2060. Photo: EPA-EFE
A man takes photos of the Forbidden City as thick haze engulfs Beijing on December 9, 2019. China has committed to being carbon neutral by 2060. Photo: EPA-EFE
Zhao Bi
Opinion

Opinion

Macroscope by Zhao Bi

All foam, no beer? Why China’s carbon trading scheme critics have it all wrong

  • Some have expressed disappointment over the limited scale of the newly launched national scheme and the low opening price
  • However, a slow and steady approach is characteristic of the country and understandable, given the complexity of the undertaking

A man takes photos of the Forbidden City as thick haze engulfs Beijing on December 9, 2019. China has committed to being carbon neutral by 2060. Photo: EPA-EFE A man takes photos of the Forbidden City as thick haze engulfs Beijing on December 9, 2019. China has committed to being carbon neutral by 2060. Photo: EPA-EFE
A man takes photos of the Forbidden City as thick haze engulfs Beijing on December 9, 2019. China has committed to being carbon neutral by 2060. Photo: EPA-EFE
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