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A coal-fired power plant in Hangzhou in China's eastern Zhejiang Province on July 16, the day trading began in China's national carbon market.   © AP
Market Spotlight

China fires up carbon trading as Asia turns onto greener path

World's biggest polluter debuts national emissions system, but limits remain lenient

AKANE OKUTSU, KIM JAEWON and CK TAN, Nikkei staff writers | China

TOKYO/SEOUL/SHANGHAI -- Asia's nascent market for buying and selling carbon emissions has been boosted after China, the world's biggest polluter, launched a long-awaited national trading system.

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