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China’s Hubei plans world’s third-biggest emissions market

Posted on 03 January 2014

China’s Hubei province will issue 300 million carbon permits a year under its emissions trading scheme, local media reported on Thursday, meaning the fast-growing economic hub will host the world’s third-biggest CO2 market when it launches this year.
The province, home to 57 million people, will be the sixth Chinese region to launch a carbon market as Beijing attempts to slow its rapidly growing greenhouse gas emissions, blamed by scientists for causing climate change………………………………………..Full Article: Source


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