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China to launch carbon trading scheme by mid-June

Posted on 08 April 2013

China’s Shenzhen city has become the first in the country to set a launch date for a new carbon emissions trading pilot scheme, as part of a package of measures designed to curb emissions from energy-intensive industries.
According to local reports, Shenzhen, a major city in the south of southern China’s Guangdong Province, will launch its carbon trading platform on 17 June this year. The world’s biggest producer of carbon dioxide (CO2) is set to launch seven pilot emissions trading schemes in cities and provinces from this year, covering at least 700 million tonnes of annual CO2 emissions………………………………………..Full Article: Source


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