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China serious about carbon trading: report

Posted on 11 October 2012

China’s seven trial emissions trading schemes will represent the second largest carbon market in the world by 2014 and be double the size of Australia’s regime, new analysis suggests. The Climate Institute says a Climate Bridge report, which it commissioned, proves the world is taking action to tackle dangerous climate change and Australia risks being left behind.
“Measured by emissions covered China’s pilot emissions trading schemes will represent the second largest carbon trading effort on earth by 2014,” the report, released on Thursday, states………………………………………..Full Article: Source


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