18.06.2013 - China in carbon trading experiment
China, the world's biggest carbon emitter, is to launch its first carbon trading scheme as a pilot project in Shenzhen. The test scheme, which will be rolled out to seven areas by 2014, could be spread across the country after 2015. Beijing is aiming for a 40% reduction in carbon emissions by 2020 from 2005 levels, without specifying how it will achieve that goal. The government has previously faced pressure to reduce pollution in cities...............................................Full Article: Source
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