In 2017, China plans to establish a national carbon market (Chinese Carbon Market), which, once in place, will be the largest carbon cap-and-trade scheme in the world, essentially involving all of China’s local provincial governments with oversight and guidance from the Central Government of China.

This article provides an outline on how the Chinese Carbon Market is expected to be implemented, how it will operate, and considers the potential for collaboration between Canada and China to reduce global greenhouse gas emissions on an aggregate basis.

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