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China’s farmers can now earn money with ‘carbon tickets’

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China launched the country’s first carbon emission trading platform for agriculture sector on May 5 as part of the government’s efforts to hit carbon emission peak before 2030 and achieve carbon neutrality by 2060.

On this occasion, the country’s first agricultural “carbon tickets” were issued, and the first agricultural carbon quota trading projects were launched.

The agricultural carbon quota involves the process of cutting carbon emissions through measures like carbon farming and reforestation. The amount of the tickets is calculated depending on the intensity of greenhouse gases reduced.

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