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China in carbon trading experiment

Posted on 18 June 2013

China, the world’s biggest carbon emitter, is to launch its first carbon trading scheme as a pilot project in Shenzhen. The test scheme, which will be rolled out to seven areas by 2014, could be spread across the country after 2015.
Beijing is aiming for a 40% reduction in carbon emissions by 2020 from 2005 levels, without specifying how it will achieve that goal. The government has previously faced pressure to reduce pollution in cities………………………………………..Full Article: Source


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