An Inside Look at China and California's Carbon Markets

China and California’s carbon emissions trading systems (ETS) are two of the world’s largest. China’s national market started in mid-2021, building on pilot projects in 5 cities and 2 provinces in the years prior. California’s cap-and-trade program, meanwhile, has been operational since 2013, and is an important part of the state’s suite of policies aimed at meeting its 2045 carbon neutrality goal. In this webinar research teams from California and China who have analyzed the markets in both jurisdictions, share strengths and vulnerabilities and identify potential lessons-learned.