Regulations for Carbon Emissions Trading to be Issued, Market Strive to operate in 2016

Su Wei, Director of Combating Climate Change of NDRC said on November 25 that, China is equipped with the condition to kickoff carbon emission trading, and relevant regulations are expected to be issued by the end of this year. NDRC will mainly provide legal support in order to stabilize the legal foundation of carbon emission trading and release the regulations as soon as possible. Meanwhile, NDRC will facilitate the establishment of carbon emission trading market and strive to operate in 2016.