2021 brings big changes to the carbon market landscape
ZE PowerGroup Inc. explores how newly launched emissions trading systems, recently established task forces, upcoming initiatives and the new US President, Joe Biden, and his administration can further the drive towards tackling the climate crisis This year will see some major changes to the carbon market landscape, as new national trading systems are launched, others are reformed, and the UN battles to complete a set of guidelines for nation-to-nation trading. A new US president has boosted hopes for more ambitious climate action from the world’s second-largest emitter, though expectations stop short of a federally administered carbon market. Meanwhile, China will bring years of anticipation to an end when it launches its own nationwide emissions trading system (ETS) in February.
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