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

Graham Watson

20th December 2017

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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

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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.