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China Daily / 2024-12 / 16 / Page007

County uses blue carbon trading to offset emissions

By SHI JING in Xiangshan, Zhejiang | China Daily | Updated: 2024-12-16 00:00

Algae producers profit from selling quotas generated from cultivation

Editor's note: China Daily is publishing a series illustrating the country's efforts to achieve its carbon peak and carbon neutrality goals.

Coastal Xiangshan county in Zhejiang province has turned to blue carbon trading to use the power of the market to mitigate carbon emissions and make a profit.

Zhu Wenrong founded Xiangshan Xuwen Seaweed Development Co in 2008. It now accounts for about 75 percent of all sales of moss in China.

Report cites rights progress in Tibet

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