10.07.2014 - Finnish firm granted trading licences for Chinese emissions schemes
Finnish carbon trading firm Greenstream has been granted licences to operate in three of the mainland's pilot emissions schemes, making it the second foreign company to gain entry to what might become the world's largest carbon market. The mainland, the world's biggest emitter of climate-changing greenhouse gases, has launched seven pilot carbon markets to help slow down the rapid growth in its emissions. Its carbon market is widely expected to be the biggest in the world when a mainland-wide trading scheme is launched sometime before 2020. Banks and trading houses that have invested billions of dollars in the European market are now looking to be early participants in the mainland's efforts...............................................Full Article: Source
Print