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China’s state utilities move on preferential rules in carbon offset market

Posted on 09 January 2014

China’s large state-owned power firms have taken the lead in the country’s nascent carbon offset market, leveraging preferential procedures to cut the cost of complying with new rules capping greenhouse gas emissions.
The central government will issue offsets, known as Chinese Certified Emissions Reductions (CCERs), under a new programme to reward projects that can prove they cut carbon emissions………………………………………..Full Article: Source


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