China is now the second largest energy consumer in the world. The country is facing tough challenges from its energy reform and carbon emission reduction problems. China's 12th Five-Year Plan (2010-2015) states that the country will gradually establish a national carbon trading market and control the emission of greenhouse gases.
Carbon trading: A new dawn in China
China has kicked off pilot carbon emission trading projects in seven provinces. Businesses on the list of key emitters should engage with the NDRC as soon as possible
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