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China launches world’s largest carbon-trading scheme as part of 2060 carbon neutrality goal

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China launched the world’s largest carbon emissions-trading exchange on July 16, 2021. It’s part of the nation’s efforts to reach carbon neutrality by 2060. The scheme supports companies that are more successful in cutting pollution while penalising heavy emitters, which will have to buy additional carbon emission permits from more efficient companies.

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China’s carbon-trading exchange kicks off en route nation’s 2060 goal https://sc.mp/urll

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Written by Heather Nelson

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