China unveils regulations to control carbon trading


It marks the first time that China is establishing a dedicated legal framework for the carbon emissions trading market. — China Daily

Beijing: To strengthen the governance of its rapidly growing carbon emissions trading market, China has unveiled a set of new rules aimed at preventing the falsification of carbon emissions data and penalising offenders, officials say.

Carbon trading allows companies to buy and sell permission to release a specific amount of carbon dioxide, helping them manage emissions better and encouraging efforts to reduce carbon footprints.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Oil flat as chances of US strike on Iran recedes
Asia shares near record high on AI optimism, dollar up on receding Fed cut bets
Singapore's December exports rise 6.1% y-o-y, weaker than expected
PNB offers US$300mil secured exchangeable sukuk to strengthen portfolio diversification
Bursa Malaysia buoyed by improved investor appetite
IMF's growth forecasts to show resilience to global trade shocks, Georgieva says
Trading ideas: Binastra, Kerjaya Prospek, D&O, Dengkil, SkyGate, NexG, Vestland, Chin Hin, SC Estate Builder, ES Sunlogy, Infomina
Wall St ends higher as banks gain on upbeat results
Oil settles down as Trump comments ease Iranian supply concerns
Property segment set for solid expansion

Others Also Read