South China Morning Herald: China launched five regional carbon emissions exchanges last year, and two more are expected soon, but it is years away from having a mature trading platform.
The mainland, which is taking a cautious approach in building a market-based mechanism for the reduction of greenhouse gas emissions, could shorten its learning curve by drawing lessons from the worlds largest carbon market in Europe.
China has the advantage of being a late-comer in establishing a market to trade carbon dioxide emission...