China becoming the World's Largest Carbon Market
China, the largest global emitter of greenhouse gases contributing largely to global rising temperatures, is now trying to make progress toward decreasing this. Where they have begun an emissions trading system that for now covers gas and coal power production. That will include 11 different emissions baselines for plants based on whether power they run on, their size, and other factors.Having this cap on fossil fuels will allow them to take steps toward helping them with their smog epidemic.Other countries should also follow China in their effort to help remedy their emission output. China's plan is a little similar to the EPA's Clean Power Plan that is now planned to be made ineffective.Which could be detrimental to the environment by being able to output more greenhouse gases. In order to go forward, we need more acts put in place for cleaner power and more baseline on emissions that plants are able to put out. https://www.scientificamerican.com/article/china-set-to-debu...