China launches world's largest emissions trading system

Scheme expected to play a key role in meeting China's climate ambitions, but critics warn it could have little impact in the near term

On the road to net zero: China has launched the world's largest emissions trading scheme but it could have little impact in the near-term
On the road to net zero: China has launched the world's largest emissions trading scheme but it could have little impact in the near-termPhoto: AP/SCANPIX
Published 21 July 2021, 05:26Updated 26 July 2021, 09:54