First Chinese Pilot Emissions Trading Scheme Starts in Shenzhen
Today the City of Shenzhen started trading emission rights to reduce its carbon consumption by 21% by 2015. The Shenzhen project is the first of seven trial schemes that will be launched this year as a pilot for nationwide emissions trading scheme (ETS) planned for later this decade.
http://media.prnewswire.com/en/jsp/latest.jsp?resourceid=7062796&access=EH
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