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 …

In September 2020, President Xi Jinping announced that the People’s Republic of China will “aim to have CO2 emissions … targets for reaching net zero emissions, no pledge is as significant as China’s. The country is the world’s largest energy … consumer and carbon emitter, accounting for one-third of global CO2 emissions. The pace of China’s emissions reductions will be …

In 2017, the People’s Republic of China (hereafter, “China”) decided to implement a national emissions trading scheme …, with a different benchmark for each fuel and technology. China’s ETS, set to expand to seven other sectors, will be the …