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Beijing emitters ignore carbon scheme, question government authority: media

2014-06-13 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: More than a quarter of all companies covered by Beijing's municipal carbon laws ignored a key reporting deadline, local media reported Friday, with some powerful companies questioning the local government trading body's authority to regulate them. Beijing's carbon trading market, one of six set up in China to rein in rapidly growing greenhouse gas emissions, caps carbon dioxide from nearly 500 local enterprises. Most of them must hand over permits to the government to cover for their emissions,...

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