Los Angeles Times

China launches the world's biggest carbon trading market

BEIJING - China launched a nationwide carbon-trading scheme Tuesday, solidifying the country's role as an emerging leader in the fight against climate change.

The market will initially cover about 1,700 of the country's coal- and natural-gas-based power-generating companies, accounting for about 3 billion tons of carbon dioxide emissions per year - more than a third of the country's total, China's powerful National Development and Reform Commission announced at a news conference.

"The power-generation industry is in the most favorable

You’re reading a preview, subscribe to read more.

More from Los Angeles Times

Los Angeles Times11 min read
After Scandal, Movie Producer Randall Emmett Is Flying Under The Radar With A New Name
LOS ANGELES — On April 26, John Travolta debuted his latest film — “Cash Out,” an action thriller about a bank heist gone wrong. The trailer credits it as “a film by Ives.” “Cash Out” is the first and only project Ives has ever worked on, according t
Los Angeles Times4 min read
Andy Pages Caps Four-hit Night With A Walk-off Single In Dodgers’ Win Over Braves
LOS ANGELES — Two of the best teams in baseball convened at Chavez Ravine on Friday night, the National League West-leading Los Angeles Dodgers and NL East-leading Atlanta Braves opening a three-game series that Dodgers manager Dave Roberts promised
Los Angeles Times2 min read
Three Friends Drove From California To Mexico For A Surfing Trip. Then They Disappeared
MEXICO CITY — Last month, two brothers and one of their friends crossed from the United States into Mexico to explore Baja California's famous surf breaks. Pictures posted online by one of the brothers, Callum Robinson, 33, show the men gazing out at

Related Books & Audiobooks