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China to Accelerate Carbon Emission Trading: CCTV

CHINA PRESS
MNI (Sydney)

China will promote low-carbon energy by curbing the use of fossil fuels, promote carbon emission rights trading and actively develop green finance in the next five years, CCTV News reported citing a meeting of the Central Committee for Financial and Economic Affairs. China will improve policies on taxation, finance, land and government procurement conducive to green development, and promote new green and low-carbon technologies, CCTV said. The moves are part of government plans to reach peak carbon emissions by 2030 and net-zero by 2060.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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