Page 22 - நின்று குழு ஆஃப் தி தேசிய மக்கள் காங்கிரஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SIXTH TONE SIXTH TONE China’s National Carbon Trading System Is Delayed Originally slated to go online by the end of June, the mechanism for limiting greenhouse gas emissions is not yet ready for action. China’s national carbon trading platform has not launched by the end of June as previously planned. No date has been provided as to when it may begin operating. “It’ll probably be postponed,” an employee of the Shanghai Environment and Energy Exchange, where the trading will take place, told Sixth Tone. “We are waiting for instructions from the higher authorities.” Huang Runqiu, the minister of Ecology and Environment, revealed in February that the trading platform, where companies can buy and sell emission allowances, was intended to be up and running before July. The mechanism is meant to incentivize businesses to reduce their greenhouse gas emissions, in line with China’s goals of reaching peak carbon emissions by 2030 and carbon neutrality by 2060.

Zhang xiliangChen zhibinHuang runqiuStanding committee of the national people congressEconomy at tsinghua universityEuropean unionEnergy exchangeInstitute of energyMinistry of ecologyShanghai environmentSinocarbon innovationSixth toneStanding committeeNational peopleTsinghua universityநின்று குழு ஆஃப் தி தேசிய மக்கள் காங்கிரஸ்