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China keen to avoid EU’s CO2 market problems

Posted on 24 July 2012

China is considering price control mechanisms and tightly regulated markets for its emissions trading schemes (ETS) in a bid to avoid the price volatility and scandals that have hit Europe’s ETS, as surveys show the country has reached European per-capita emission levels.
The schemes will aim to halt the nation’s spiralling greenhouse gas emissions, while the international carbon market is reeling from huge over-supply and record low prices………………………………………..Full Article: Source


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