Eventually, China wants the schemes to be integrated into national emissions trading and generate credits that can offset emissions by industrial polluters, government plans show.
PERSONAL CARBON TRADINGChina's carbon inclusion ambitions have been in gestation since 2015, when the southeastern province of Guangdong published rules on how to convert low-carbon activity into credits.
Other countries have toyed with the idea of personal carbon trading, with pilot schemes set up in Finland and Australia's Norfolk Island.
Guangdong also allows enterprises to meet 10% of carbon reduction obligations through carbon inclusion credits.
And there are worries the carbon inclusion schemes could let industrial polluters off the hook by shifting the burden of emission cuts to households.
Persons:
David Stanway, David Kirton, China's, Xie Zhenhua, Banks, Benjamin Sovacool, Li, Zhang Xin, people's, Yaqiu Wang, Su Wei, Sonali Paul
Organizations:
Communist, China Academy of Sciences, People's Bank of, Boston University, Environmental Studies, New
Locations:
China, Shenzhen, Dubai, Guangdong, People's Bank of China, Quzhou, Finland, British, Singapore, New York, Shanghai, Beijing