China just got serious about global warming. Now we’re really out of excuses.

Over the weekend, China announced it was moving forward with plans for a massive, nationwide cap-and-trade program intended to help combat global warming. Here’s why China is doing this now, and what we know about the plan so far.

Global Carbon Emissions

Carbon pollution

world's biggest carbon market

carbon intensity

carbon trading pilot programs

international market carbon prices

china as carbon market hub

This story was produced as part of the Climate Desk collaboration.

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