China’s Giant Carbon Market to Start Trading This Week

(Bloomberg) — China’s national carbon market, which will become the world’s largest emissions trading system, will finally begin online trading on Friday, according to people familiar with the matter.The system, which will initially cover more than 2,200 companies in China’s power sector, is now ready to commence operations, according to the people, who requested anonymity to discuss private details. The market has encountered a series of previous delays and missed a June 30 deadline to launch.


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