China's Carbon Trading System to Revolutionize Low-Carbon Economy Transition
The article discusses creating laws to regulate carbon trading, a key tool for reducing carbon emissions globally. In China’s current laws, rules for carbon trading aren’t clear. The article suggests specific rules for China's carbon trading laws, including how to determine carbon quality, allocate emission rights, set prices, and manage trading locations. These guidelines are important for lawmakers and policymakers to create effective regulations for carbon trading, helping combat climate change and promote a greener economy.