Carbon markets are increasingly important to efforts to control global warming. By pricing a tonne of carbon, markets encourage heavily emitting entities to innovate to reduce emissions. They can also incentivise actions, such as ecosystem restoration, that absorb emissions. A number of national and regional carbon markets are currently in operation, but they have not...Read More

At a gleaming new metro station on the edge of Shenzhen, the local government is promoting “carbon coins” to commuters to earn and trade for shopping vouchers and travel cards in a push to get households to join China’s fight against climate change. The southeastern city’s “Carbon Road for Everyone” scheme, which rewards people for...Read More