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Shanghai to try carbon trading

Posted on 11 April 2013

Shanghai will start a carbon-trading trial before the end of June as part of efforts to reduce energy intensity and emissions. The Shanghai Development and Reform Commission intends to issue regulations for the trading on the Shanghai Environment and Energy Exchange within this year.
Shanghai said last year that about 200 local companies, such as steel makers and hotel operators, will participate in the trial. They would receive their respective initial credits, based on historical data, for free………………………………………..Full Article: Source

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