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China’s Climate Pledges In Doubt As Carbon Markets Flop

China’s Carbon Prices Collapse


Beijing has made a lot of headlines recently for its eco-friendly target setting, and central to many of these plans has been the implementation of regional carbon markets, and eventually the creation of a national system. So far things are not going exactly according to plan. Prices in five of China’s carbon markets have fallen sharply. Permits in the biggest pilot exchange in Guangdong have dropped 73 percent. --The American Interest, 1 July 2015
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