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Shanghai carbon exchange aids first custody contract to build trade

Posted on 29 January 2016

The Shanghai Environment and Energy Exchange announced its first “custody contract” on Thursday, allowing a brokerage to borrow permits from a local company and trade them, in a bid to inject liquidity in a depressed market.
China’s government will launch a nationwide carbon trading market next year and is working on plans to harmonise the seven existing pilot markets, but it remains unclear how many of the existing local exchanges will survive the transition………………………………………..Full Article: Source


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