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China plans launch ceremony for carbon emission trading scheme on July 16 -sources

Published 07/13/2021, 11:50 PM
Updated 07/13/2021, 11:55 PM
© Reuters. FILE PHOTO: A Chinese flag is seen on the top of a car near a coal-fired power plant in Harbin, Heilongjiang province, China November 27, 2019.  REUTERS/Jason Lee

BEIJING (Reuters) - China plans to host a launching ceremony for its national carbon emission trading scheme (ETS) on July 16, two people with knowledge of the matter told Reuters on Wednesday.

The ETS will involve some 2,225 power plants across China, responsible for about 4 billion tonnes of carbon emission each year.

The country will become the world's largest carbon trading market by volume.

Latest comments

I told you guys... China has grand plans for everything... that is why you see so many youtubers showing the real China everyday...
Of course ComCh! will be, they have largest everything … well, maybe not everything … thank you for yet another insightful propapanda article
Please us examples of propaganda... if you say something, we need proof...
I agree
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