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China’s carbon trading market off to slow start but the only way is up

Shruti Medha
The China emissions trading initiative is confined to the country’s power sector but activity will take off as further industries are added.
China’s carbon trading market off to slow start but the only way is up

China’s Emission Trading Scheme (ETS) marks a significant step in the country’s journey towards hitting net-zero carbon emissions by 2060, but its impact is expected to be muted at least in the short term as the policy’s scope remains limited to the power sector, experts said.

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