25.04.2012 - China's carbon trading trial could be a blueprint for the future
A domestic cap-and-trade system could more effectively curb emissions than command-and-control, a new report from SEI and FORES shows, but the process is still in its infancy, and international expertise is sorely needed. Following the launch of a new seven-site pilot test that may determine the future of carbon trading in China, observers have highlighted the country’s new interest in market-based approaches to reducing the energy- and carbon-intensity of its economy...............................................Full Article: Source
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