Expectations are growing in the run-up to global climate talks in Germany this week that China is preparing to launch a national carbon trading scheme.
Xi Jinping, China’s leader, said two years ago that Beijing would launch an emissions trading system in 2017 that would almost certainly become the largest of its type, eclipsing that of the EU.
With time running out, government officials, industry experts and researchers at Chinese think-tanks say Beijing could announce the scheme at the two-week Bonn climate change meeting that opens on Monday.
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