This week, Energy Innovation Policy and Technology LLC® and the Innovative Green Development Program (iGDP) released a new China Energy Policy Simulator with new features including an updated Business-As-Usual Scenario showing the emissions trajectory under current policies, a new macroeconomic analysis module, and an improved industry module.

China launched a national carbon market in December and it’s already going to be the world’s largest cap-and-trade system. Here are three ways policymakers can ensure it succeeds.