Which country has launched world’s largest carbon Trading market ?

U.S.A.
China
France
India

The correct answer is (b) China.

China launched the world’s largest carbon trading market in July 2021. The market covers 75% of China’s power sector and is expected to reduce emissions by 1.3 billion tonnes of carbon dioxide annually.

The other options are incorrect.

(a) The U.S.A. does not have a

48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube
national carbon trading market. However, there are several regional carbon trading markets in the U.S., such as the Regional Greenhouse Gas Initiative (RGGI) and the California Cap-and-Trade Program.

(c) France has a national carbon trading market, but it is much smaller than China’s market.

(d) India does not have a national carbon trading market. However, the government is considering launching one in the future.

Exit mobile version