Podcast #34: What is China's New National Carbon Trading Market?
June 28, 2021 | BY
Vincent ChowMNCs are concerned about enforcement and the monitoring and verification requirements of the new national market
China has launched a national carbon emissions trading system for the first time, with trading set to begin imminently. Multinationals can expect to be significantly affected by the compliance requirements laid out by the new market, while also standing to profit from the new investment opportunities it presents. Nancy Sun and Andrew Westgate discuss what carbon trading is, how it works, how China's emissions trading scheme (ETS) compares with other ETSs around the world, and what the opportunities and challenges are for MNCs in China.
This premium content is reserved for
China Law & Practice Subscribers.
A Premium Subscription Provides:
- A database of over 3,000 essential documents including key PRC legislation translated into English
- A choice of newsletters to alert you to changes affecting your business including sector specific updates
- Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
Already a subscriber? Log In Now