China’s new carbon trading market isn’t working ...Middle East

Quartz - Economy
China’s new carbon trading market isn’t working
The price of emissions credits in China’s carbon trading market reached a record low on Aug. 20, the latest sign that the market’s structural flaws are preventing it from working as an effective weapon against climate change.https://datawrapper.dwcdn.net/u6FLO/2/China launched its new carbon market in mid-July. It had been under development by government officials for more than a decade.Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.

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