| Brazil’s second-largest city will retire any reductions it uses when accounting for its 2020 target, said Rodrigo Rosa, special adviser on climate protection to Rio de Janeiro Mayor Eduardo Paes. “Either we retire through the targets, or we sell the credits,” Rosa said in an interview in Cologne, Germany.
China, which is setting up seven pilot carbon markets, also will ensure it doesn’t both sell reductions abroad and use them to meet its own limits, said Wang Shu, an official in the department of climate change in the National Development and Reform Commission in Beijing...............................................Full Article: Source
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