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China reduces emissions by carbon trade

Posted on 09 December 2011

China has taken great efforts to save energy and reduce carbon emissions. The 12th Five-Year Plan sets a goal for the country to reduce its carbon emissions by a further 17 percent on 2010’s emissions. And China has started carbon trading to achieve this.
A private-funded hydropower plant has been set up this year in Minhou County, Fujian Province. However, construction work alone has exhausted the plant’s funds. As hydropower is a form of clean energy, the company sold its carbon emission reductions to a Swedish company………………………………………..Full Article: Source


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