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China's Carbon Emissions Traders Await Offset Demand
2013-07-10 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Ecosystem Marketplace: Designated as Chinas first special economic zone back in 1980, the fast-growing city of Shenzhen has come to epitomize the countrys move toward market-oriented economic policies. On June 18, Shenzhen set yet another precedent when it launched the first of seven pilot programs to help pave the way for a national cap-and-trade program. Under the pilot program, 635 companies in Shenzhen, responsible for about 38% of the citys emissions, face obligations to reduce their carbon intensity by 6.68%...
Tags: demand
offset
carbon
emissions
Category:Electronics and Electrical