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Analysis: China regions defy caution to push for carbon trade

BEIJING (Reuters) - China's provinces are drawing up plans to launch local carbon trading platforms in the next five years, but as caution prevails in Beijing, none of the ideas are likely to create...

BEIJING (Reuters) - China's provinces are drawing up plans to launch local carbon trading platforms in the next five years, but as caution prevails in Beijing, none of the ideas are likely to create products of interest to overseas buyers.

"I think for now this is quite an experimental period of time and local enthusiasm has been encouraged," said Changhua Wu, greater China director with the London-based Climate Group.

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