China has the capacity to lead in carbon trading
Pilot schemes launched this year could be the start of a world-class system — if the country can solve its data-gathering problems, says Qiang Wang.
15 January 2013
The value of the world’s carbon market fell for the first time last year. More than one-third was wiped from the price of carbon credits in a plunge that reflects the continued global economic crisis and uncertainty over the future of emissions-trading schemes.
http://www.nature.com/news/china-has-the-capacity-to-lead-in-carbon-trading-1.12212