In a bid to help meet its ambitious climate change and clean energy targets, China is methodically building the world’s largest trading system. China has been testing out city-level carbon-trading projects, and is using the data gathered from these projects to build its carbon trading system slowly and deliberately. The system will initially only cover the electricity sector, but that already is enough to qualify it as the world’s largest trading system, covering roughly 3.5 billion tons of CO2. Many essential details about this ambitious project are due to be announced in the coming year.
The world’s largest carbon-trading market is being set up in China
More of Today's Solutions
An easy method for making your own baking yeast at home
Did you know can make your own baking yeast at home in your own kitchen with ingredients you probably already have on hand? We ...
Read MoreNightclub in Glasgow will harness energy from dancers
The annual COP26 climate conference took place in Glasgow in 2021 from October 31st, where a number of creative environmental initiatives are discussed as ...
Read MoreThe Domino effect: pizza place splurges on electric delivery fleet
Domino's Pizza is investing in a fleet of 800 electric Chevrolet Bolts painted in Domino's livery to supplement its understaffed driving crew. As the ...
Read MoreDenmark introduces green taxes for aviation sustainability
Denmark recently revealed a bold plan to implement a green tax on air travel beginning in 2025. According to Thomas Danielsen, the country's transportation ...
Read More
