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scmp - 13 days ago

China looks to market prices to help turn Xi Jinping’s 2060 carbon neutrality goal from a pledge into reality. Here’s how

The first of a four-part series on China’s carbon neutrality target looks at the market prices for carbon emission quotas in China’s long awaited national carbon emissions quota trading scheme, crucial for turning President Xi Jinping’s 2060 pledge into deliverable reality.China’s President Xi Jinping pulled a surprise at the United Nations in September when he committed the world’s biggest energy user and greenhouse gases emitter to a “carbon neutral” goal by 2060, becoming only the second…


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