SEOUL NATIONAL UNIVERSITY · CENTER FOR LAW & ECONOMICS
Center for Law & Economics, Seoul National UniversityCENTER FOR LAW & ECONOMICS
ECONOMICS · RESEARCH RECORD
Asia PacificClimate & energy

DP21989 Too Little too Late? Nationwide Carbon Trading in China

AT A GLANCE

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China launched a nationwide, rate-based carbon market in 2021 covering the world's largest CO2 emitter, with compliance based on carbon emission intensity.

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