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China takes cautious step toward carbon emissions trading
2013-06-19 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: China launched its first pilot carbon emissions exchange on Tuesday, though plans for a nationwide rollout and efforts to apply the scheme to some polluting heavy industries could be undermined by a slowdown in the world's No.2 economy. High-emission industries such as aluminum and steel are likely to resist higher costs as they are already battling weak prices due to tepid demand and a persistent supply gut. "It is a very big concern for Beijing and for local governments - how to strike a...
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Category:Electronics and Electrical