Design Tips for a Chinese Carbon Market

Alvin Lin and Yang Fuqiang of the Natural Resources Defense Council (NRDC) have come up with a handy guide detailing their ideas for designing a future carbon market in China. Bearing in mind that China has already instituted provincial and city-level carbon reduction plans, the two NRDC researchers present their vision of an ideal carbon market. You can read their entire post to learn more about their recommedations, including:

  • Push for a carbon emissions peak ASAP
  • Cut coal simultaneously
  • Create local legislation
  • Approach emissions reduction broadly
  • Respond to the market