BEIJING -- China cautiously took its carbon-trading scheme national Monday, a key component of its plan to slash greenhouse gas emissions by midcentury. But critics note that the pricing and penalties are too low to make much of a difference, at least initially.
Climate Change
Coal-reliant China wades into nationwide carbon trading
Beijing aims to fight climate change but wary of choking economy
China's power industry emits 4 billion tons of greenhouse gases a year. © Kyodo
Read Next
Latest on Climate Change
