China to accelerate building carbon emission calculation system

Beijing Review | Oct 28, 2022 at 2:00 AM
  • China’s Ministry of Ecology and Environment said on October 27 that it would expedite the construction of a unified and standardized national system to calculate carbon emissions.
  • As of October 21, the total transaction volume of the market reached 8.58 billion yuan (about $1.2 billion).
  • China has announced that it will strive to peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060.