Carbon trading is the process of buying and selling permits to emit greenhouse gases among designated emitters.
Shijiazhuang in North China's Hebei province issued a red alert for heavy air pollution from 7 am on 25th of Dec, urging factories and construction sites to reduce emissions so that the pollution might be mitigated.
18 regions across China have hammered out their working plans on synergizing the emission control of traditional air pollutants and heat-trapping gases, said Zhao Yingmin, vice-minister of ecology and environment.
European Commission Executive Vice-President Frans Timmermans said he had a "very positive "visit to China in the last couple of days to discuss with Chinese officials on working together in tackling the global climate crisis.
The ecological value of carbon sinks has been continuously exploited in recent years. How to transform their economic value and help with high-level ecological protection and high-quality economic development has subsequently become a hot topic of conversation.