News Snapshot:
(Bloomberg) -- China wants online trading in its national carbon market to begin before the end of June as it seeks more tools to help cut emissions. Huang Runqiu, the country’s Minister of Ecology and Environment, visited two areas playing key roles in setting up the national market and urged them to finish work in time to meet the target, according to a Sunday statement. The emissions trading system will initially focus on China’s power sector, which accounts for almost half of the nation’s carbon and 14% of the world’s total, according to BloombergNEF. The rules guiding the national market...
