21.01.2014 - China's carbon markets 'to face surplus'

China's new carbon markets are likely to be overallocated due to their heavy reliance on companies' own emissions data, making the permits inefficient as drivers of investment in cleaner technologies, a Beijing-based green group said. The world's biggest emitter of planet-warming greenhouse gases has in recent months become the second biggest market after the European Union for trading of emission permits...............................................Full Article: Source

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