Tianjin unveils carbon trading market

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clpstaff &clp articles

The launch of China's first national emissions exchange in Tianjin signals the opening of the domestic carbon trading market, but it will take time for…

The launch of China's first national emissions exchange in Tianjin signals the opening of the domestic carbon trading market, but it will take time for the system to generate significant revenue.

The Tianjin Emissions Exchange opened on October 6, with general manager Gao Zhengqi being quoted by the People's Daily as saying that China will certainly start a domestic carbon trading market within the next year.

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