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Chinese national carbon trading scheme

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Title: Chinese national carbon trading scheme  
Author: World Heritage Encyclopedia
Language: English
Subject: Climate change in China, Energy in China, Environmental policy in China, Emissions trading, HVDC Zhoushan
Collection: Carbon Finance, Climate Institutions and Programs, Emissions Trading, Energy in China, Environmental Policy in China
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Chinese national carbon trading scheme

The Chinese national carbon trading scheme was announced in November 2008 by the national government to enforce a compulsory carbon trading scheme across the country's provinces as part of its strategy to create a "low carbon civilisation".[1]

The scheme would allow provinces to earn money by investing in carbon capture systems in those regions that fail to invest in the technology.[2]

The Economist Intelligence Unit produced a report in 2013 on China's experiments with carbon trading, addressing the challenges in creating such a programme in China.

See also

External links

  • Clean Development Mechanism in China

References

  1. ^ Climate Ark:China outlines plans for domestic carbon trading
  2. ^ businessgreen.com: China outlines plans for domestic carbon trading
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