First Chinese Pilot Emissions Trading Scheme Starts in Shenzhen

LONDON, June 18, 2013 /PRNewswire/ --
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.

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