20.08.2014 - Guangdong adds 20 mln permits to China's biggest carbon market
Guangdong, the biggest of China's seven pilot carbon trading markets, will this year hand out around 6 percent more emission permits to companies than in 2013, potentially aggravating oversupply that sent prices tumbling earlier this year. The market is meant to rein in climate-changing greenhouse gas emissions from power stations, cement factories, petrochemicals, and iron and steel producers emitting more than 20,000 tonnes of carbon dioxide each year...............................................Full Article: Source
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