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China to launch carbon trading for electricity sector in July

China will launch a nationwide carbon emissions trading scheme for the electricity sector in July, the cabinet said on Wednesday.

China to launch carbon trading for electricity sector in July

FILE PHOTO: A giant screen shows Chinese Premier Li Keqiang attending a news conference after the closing session of the National People's Congress (NPC) in Beijing, China March 11, 2021. REUTERS/Tingshu Wang

BEIJING: China will launch a nationwide carbon emissions trading scheme for the electricity sector in July, the cabinet said on Wednesday.

The launch of the scheme aims to control and reduce greenhouse gas emissions viA THE market scheme, according to a meeting chaired by Premier Li Keqiang.

(Reporting by Min Zhang, Beijing Newsroom and Tom Daly)

Source: Reuters

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