Thursday, November 28, 2013

China's Guangdong Carbon Market, World's Second Biggest, to Start in December

The scheme in heavily industrialized Guangdong will cap carbon dioxide emissions from 202 companies at 350 million tons for 2013, according to a statement on the website of the provincial Development and Reform Commission. (Credit: www.scmp.com). Click to enlarge.
Guangdong, China's most populous province with more than 100 million people, is to launch a carbon permits market next month that will be the world's second biggest after the European Union.

 China's Guangdong Carbon Market, World's Second Biggest, to Start in December
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