China

China has just launched the world's largest carbon market. Here's what you need to know

Steam rises from a coal power plant of RWE, one of Europe's biggest electricity companies in Neurath, north-west of Cologne, Germany, November 10, 2017. Picture taken November 10, 2017. REUTERS/Wolfgang Rattay - RC15F548A030

China will use a 'cap-and-trade' scheme in order to reach the country's emission goals. Image: REUTERS/Wolfgang Rattay

Echo Huang
Akshat Rathi
Reporter, Quartz
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ChinaFuture of the EnvironmentClimate Change
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