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World Bank sets methane price floor to cut emissions

2015-05-29 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: To gee up green projects at risk of closure, the World Bank has guaranteed a minimum price for methane credits being auctioned for the first time. That will stimulate investment in projects ranging from biomass to waste management in developing countries, it hopes, curbing emissions of the heat-trapping gas. The owner of a landfill site could capture methane from the waste to generate power, for example. The World Bank says its plans will give financial security to sites in developing countries...

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