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China's carbon trading scheme set to accelerate demise of coal

Graham Watson

20th December 2017

China has introduced a carbon trading scheme, and as a result, it seems that coal-fired power generation is going to be phased out. This is likely to create a national market for carbon and an effective carbon price that starts to incentivise reductions in the levels of carbon being produced

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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