World's largest carbon trading market mirrors China's green commitment


Source: ce.cn ce.cn

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China's national carbon market saw its total trading volume reach 194 million tonnes since its launch one year ago, according to the Shanghai Environment and Energy Exchange (SEEE) statistics on Saturday. Experts noted that the market, the world's largest in terms of the amount of greenhouse gas emissions covered, is expected to include more enterprises from emission-intensive sectors and see increasingly active trading as companies improve green awareness. The national carbon market was launched on July 16, 2021, as an important scheme for China to reduce its carbon footprint and meet emissions targets -- it aims to peak CO2 emissions...