Carbon credit program launched in Shanghai
Xie Yu
ChinaDaily
Shanghai municipal government issued guidelines for a pilot carbon trade market that will allow companies to buy and sell carbon credits.
- aurelio.asiain / Foter
The guidelines, which were posted on the government website on Tuesday, said the program will have a trial period from 2013 to 2015. About 200 firms from industries such as steel, petrochemicals, non-ferrous metals and power, plus non-industrial fields, such as airlines, ports, airports and hotels, will join the program.
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