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Conditions for China's emission trading scheme premature

Conditions for China's emission trading scheme premature

Write: Lida [2011-05-20]

BEIJING - A senior official of China's top economic planning body said Wednesday that conditions for the country to launch a carbon emission rights trading system remain premature.

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However, he said the measures taken by the government to combat climate change would become increasingly strict and emission reduction goals would become increasingly quantified.

It requires a certain length of time for China to trade carbon emission rights, Xie said.

He also said China would likely reach its goal of improving energy efficiency by 20 percent from 2006 to 2010.