Just months after the launch of China’s national emissions trading scheme, a new study has found the pilot mechanism worked effectively. Photo: Xinhua
Just months after the launch of China’s national emissions trading scheme, a new study has found the pilot mechanism worked effectively. Photo: Xinhua

China ETS reduces carbon but needs map to cap-and-trade based system: study

  • Researchers find pilot trading scheme reduced emissions by companies before roll-out of national mechanism
  • They recommend world’s largest carbon market moves to cap-and-trade mechanism if decarbonisation targets are to be achieved

Topic |   China’s carbon neutral goal
Just months after the launch of China’s national emissions trading scheme, a new study has found the pilot mechanism worked effectively. Photo: Xinhua
Just months after the launch of China’s national emissions trading scheme, a new study has found the pilot mechanism worked effectively. Photo: Xinhua
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