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China to Cap Emissions, Expand Carbon Credit Program by 2027

8/30/2025

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Story summary
  • China will set absolute emissions caps for major industries by 2027, according to a new policy document.
  • The Emissions Trading Scheme (ETS) will include petrochemicals and aviation sectors by 2030.
  • The roadmap seeks to improve emissions reduction and align with international standards, supporting the Paris Agreement.
  • A voluntary carbon credits program will expand to encourage global cooperation and interoperability.