Can Carbon Trading Cut Emissions by Protecting Asia’s Remaining Forests?

SHANGHAI — Seven years after Costa Rica and Papua New Guinea called on the world to combat climate change by saving vanishing forests in the tropics, the marriage between emissions trading and forest protection has grown into something more than wedding vows, but it is still far away from generating …

Continue reading

China Moves Toward Carbon Emissions Trading to Improve Energy Efficiency and Competitiveness

SHANGHAI — When professor Chen Hongbo tried to promote carbon trading in China three years ago, he found himself under fire. As developing countries like China aren’t obliged to limit the byproduct of their economic growth, opponents argued vehemently that they saw no need to motivate Chinese industries to either …

Continue reading