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Carbon rights exchange starts in Guangzhou

Posted on 12 September 2012

The Guangzhou carbon emission rights trading exchange was launched in Guangzhou, Guangdong province, on Tuesday. Carbon trading is an important way to promote ecology and lower the cost of emissions with the market mechanism, said Xie Zhenhua, vice minister of the National Development and Reform Commission, at the launching ceremony.
Xie urged the strengthening of market supervision, maintaining market stability and setting rules governing carbon trading, since the building of a carbon market requires long-term sustained efforts, according to a statement by the provincial government………………………………………..Full Article: Source

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