User:C yantist/sandbox

Our group is going to edit the article on the Chinese national carbon trading scheme. We are going to incorporate specifics of the plan. Currently, the page provides little to no information about the specifics of the scheme nor implementation. We are going to add the specific details of the plan as well as current stage in implementation. The scheme has been approved, and is set to start in July 2017. We will add information about the influence of prior plans, like in the EU and California, on this carbon trading scheme, as well as economic analysis of the effect on the carbon market. In this economic analysis, we will examine which companies stand to benefit from this carbon trading scheme as well as other economic effects. We will also examine the difficulties in implementation, such as standardizing emission output measurement, and analyze other problems in implementation. We will also add information about plans for future improvement and modification of the policy.