31.01.2012 - China to pilot emissions trading system
China will test a provincial emissions trading system next year with the help from the Asian Development Bank (ADB), paving the way for a national scheme and lower greenhouse gas emissions in the country. The ADB is providing a US$750,000 equivalent grant to lay the groundwork for a cap-and-trade emission trading system (ETS) in Tianjin municipal area and help to design the platform including the trading rules and regulatory framework as well as supporting the commissioning of the trading platform...............................................Full Article: Source
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