China
on Tuesday rejected a plan by U.S. Republican presidential candidate Donald
Trump to back out of a global climate change pact, saying a wise political
leader should make policy in line with global trends, a rare comment on a
foreign election.
The world is moving towards balancing environmental protection and economic growth, China's top climate change negotiator told reporters, in response to a query on how China would work with a Trump administration on climate change. . . ..
The world is moving towards balancing environmental protection and economic growth, China's top climate change negotiator told reporters, in response to a query on how China would work with a Trump administration on climate change. . . ..
Xie's comments come as China plans to launch a national
carbon trading scheme in 2017.
The scheme is on track and pilot programs have already traded 120 million carbon allowances with total transactions amounting to 3.2 billion yuan ($472.29 million), he added.
"It will take time for the market to be fully operational, but once it's operational, it'll be the largest carbon trading market in the world," said Xie.
China's coal consumption has declined as the world's second-largest economy slows, but Xie said it was too early to decide if it had peaked.
China's delegation of more than 80 negotiators will begin departing from Tuesday for global climate change talks in the Moroccan city of Marrakesh set for Nov. 7 to 18.
The scheme is on track and pilot programs have already traded 120 million carbon allowances with total transactions amounting to 3.2 billion yuan ($472.29 million), he added.
"It will take time for the market to be fully operational, but once it's operational, it'll be the largest carbon trading market in the world," said Xie.
China's coal consumption has declined as the world's second-largest economy slows, but Xie said it was too early to decide if it had peaked.
China's delegation of more than 80 negotiators will begin departing from Tuesday for global climate change talks in the Moroccan city of Marrakesh set for Nov. 7 to 18.
