| From Euromoney.com: Attention at the Copenhagen summit on climate change this month will mostly be focused on the US. But in terms of emissions trading the most influential place, and the one most likely to be affected by any change in a global framework for climate change, is Asia, and especially China.
The most important vehicle in carbon trading is the clean development mechanism, or CDM. This is the deal struck under the Kyoto protocol which allows industrialized countries, with commitments to reduce their greenhouse gas emissions, to invest in projects that reduce emissions in the developing world..................................Full Article: Source
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