Archive for the ‘emissions trading’ tag
Shanghai to Pilot China's First Municipal Emissions Exchange
Annual CO2 Emissions
Shanghai, often recognized for its free-market tendencies and environmental leadership, is introducing China’s first municipal trading mechanism as a means to curb pollution. Last Friday, in advance of a major carbon trade industry event taking place in Beijing this week, word began surfacing in the Chinese media that Shanghai plans to pilot an emissions trading scheme that will involve more than 300 companies’ trading “pollution discharge rights.”
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China's Emissions Trading Plan Puts Weight on Countries' Cumulative GHG
China appears to be backing out of global efforts to address climate change, intensifying pre-Copenhagen debate.