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Iran plans carbon emissions trading market, official says

Posted on 17 February 2014

Iran plans to set up a carbon trading market to reduce industrial emissions of climate-warming gas, an official from Iran’s Fuel Conservation Organization (IFCO) told oil ministry news service Shana. Iran has some of the world’s largest gas reserves and is major crude oil exporter. But rapidly rising domestic demand has created a gas supply and vehicle pollution crisis in some cities.
Although Iran has some large hydro-power plants, heavy subsidisation of fossil fuels means there is little incentive for private investments in wind or solar power projects………………………………………..Full Article: Source


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