Shenzhen Is First in China With June Start for Emissions Trading

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Shenzhen, a Special Economic Zone designed to promote market policies in China, will begin emissions trading on June 17, the first announced start date among the country’s regional carbon exchanges.

Mayor Qin Xu announced the schedule in an interview with the Shenzhen Daily newspaper. While Beijing and Shanghai may also start their carbon markets in June, Shenzhen is the first to set a specific date, according to analysts at Bloomberg New Energy Finance.