China poised to launch carbon emissions trading system in 2021

In the first phase of trading, the ETS will apply only to power generation, but oil, gas and petrochemicals will follow later

Going greener: China's President Xi Jinping waves during a 2019 visit to Brazil
Going greener: China's President Xi Jinping waves during a 2019 visit to BrazilPhoto: AFP/SCANPIX
Published 28 December 2020, 16:27Updated 4 January 2021, 11:33