Carbon trading scheme may reduce China’s emissions by 30 to 60%
China’s national emissions trading scheme (ETS) could play an important role in the country’s carbon-neutrality drive by potentially reducing carbon emissions by 30 per cent to 60 per cent of current levels by 2060, according to a report released on Tuesday. The report is by the Asia Investor Group on Climate Change (AIGCC), a network of asset owners and financial institutions representing more than US$26 trillion in assets under management, and global asset […]