China has launched a pilot trading scheme for renewable electricity to allow carbon dioxide emitters to partly offset their footprint through direct purchases of green power from generators, with blockchain technology likely to be deployed. The initiative, which will provide financial support to generators, is part of Beijing’s plan to mobilise the major emitters of greenhouse gases to help achieve the nation’s twin climate goals, for carbon emissions to peak before 2030 and to achieve net zero emission by 2060 . The scheme will be led by the National Development and Reform Commission (NDRC), besides the dominant power distributors State…