Tue, Sep 1, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Investment, Trading more

China to Let Foreign Investors Trade in Shenzhen Carbon Market

Posted on 25 August 2014

China, the world’s biggest emitter of greenhouse gases, said it will allow foreigners to trade carbon permits in Shenzhen, making it the nation’s first emissions exchange to welcome outside investors. The Shenzhen exchange has yet to set the date or finalize other entry procedures for foreign investors. The State Administration of Foreign Exchange has allowed foreign participation in principal, according to a statement today on the website of the China Emissions Exchange.
The southern city of Shenzhen near Hong Kong started carbon trading last year as the first of seven pilot programs in China. The exchanges, constituting the world’s biggest emissions trading system after Europe, may be a precursor to a nationwide system………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 42163 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2015
S M T W T F S
« Aug    
 12345
6789101112
13141516171819
20212223242526
27282930