China’s NDRC publishes interim carbon emissions trading measures

china carbon emissions trading
NDRC publishes China’s emissions trading rules

On 10th December 2014 NDRC published it’s outline plan for the national emissions trading scheme.

Full document in English (courtesy of Google Translate) here.

“To promote the construction of ecological civilization, to accelerate economic development mode, and promote institutional innovation, give full play to the decisive role of the market in greenhouse gas emissions, the allocation of resources, enhance the greenhouse gas emissions control and management, and standardize the construction of a carbon emissions trading market, and run, the development of this approach. ”

 

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