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The People’s Republic of China (“China”) officially launched its national emissions trading system (ETS) in 2017, and … it will come into operation in 2021. Initially covering the power sector, which accounts for over 40% of China’s energy …-related CO2 emissions, the ETS is set to subsequently be expanded to other energy-intensive sectors. China’s national ETS could …
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Reducing global carbon dioxide (CO2) emissions to net zero by 2050 is necessary to limit the long‐term increase in average global temperatures to 1.5 °C. Today, coal-fired power generation is the largest single source of CO2 emissions. Therefore, tackling emissions from this sector is...
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