China Unveils Carbon Trading Plan

The Chinese government and the United Nations (UN) say they are planning to establish a carbon trading exchange in Beijing. The exchange would be a platform for trading in carbon dioxide (CO2) credits, and would be the first of its kind in the developing world. It would compete with exchanges in Europe and the U.S. The Beijing project would cost an estimated $1.7 million over three years, the UN says. Carbon credits confer the right to emit CO2. Credits are issued by the UN under the Kyoto Protocol’s Clean Development Mechanism (CDM). Companies in developed...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers