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Qingdao city next in line to set up emissions market in China

Posted on 19 February 2014

Qingdao has become the latest Chinese city to plan a market to reduce greenhouse gas emissions, as a group of advisers backed by its mayor is hammering out rules for an emissions trading scheme that could start next year.
Qingdao, a city of 3 million people in northeastern Shandong province with a GDP equal to that of Bangladesh, is a major energy consumer as the local economy relies on heavy industry and petrochemicals………………………………………..Full Article: Source


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