| Shandong’s Qingdao city will launch China’s eighth pilot emission trading scheme in 2015, according to the Qingdao Low Carbon Development Plan (2014-2020) released by the Qingdao municipal Development and Reform Commission.
Qingdao will establish the scheme of greenhouse gas (GHG) emission measurement, monitoring and verification in 2015, an official from the commission said. Meanwhile, the regional GHG trading scheme will be in preparation. By 2020, Qingdao is expected to build its low carbon development mechanism and the relevant low carbon policy framework with the regional GHG emission trading scheme launched...............................................Full Article: Source
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