Emission Reductions Post Cap-and-Trade Implementation

Guangdong: Largest province in population and GDP • Pop (2015): 108.49 million GDP (2015): $1.07 trillion Area: 69,410 sq mi • Most progressive province in China • Hub of high tech industries in China: Tencent (WeChat), Huawei, Foxconn... Leader in low-carbon policy: Guangzhou and Shenzhen to peak CO2 emission by 2020 and 2022. • Launched pilot emission trading system(ETS) in 2013 California: • • • Largest state in population and GDP • Pop (2015): 39,14 million GDP (2015): $2.46 trillion Area: 163,696 sq mi Most progressive state in the U.S. Hub of IT industries in the U.S.: Google, Apple, Tesla... Leader in low-carbon policy: emission reduction goals in 2020 and 2050 Launched cap-and-trade program in 2013

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