IHS Chemical Week

Regions :: China

China’s Guangdong Province launches carbon trading market

2:30 AM MST | December 23, 2013 | Deepti Ramesh

Guangdong Province, in south China, launched a carbon trading market on 19 December, making the province the fourth location in China to establish such a trading platform, the Ministry of Environmental Protection (MEP; Beijing) says. Shanghai and Beijing each launched a carbon-trading market last month, and Shenzhen launched a carbon trading market in June. The National Development and Reform Commission (NDRC; Beijing), China’s top economic planning agency, approved in November 2011 a pilot trading scheme for greenhouse gas emission rights in seven...

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