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China Unlikely to Stimulate New Carbon Credit Supply Efforts

2013-05-15 09:10:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: China, the worlds largest greenhouse-gas emitter, probably wont import carbon credits for two decades as global diplomats craft a new emissions market that will increase supply, the nations climate negotiator said. Using offsets from outside China in that period is an unlikely scenario, Su Wei said in an interview in Bonn earlier this month. Rather, internally we will have a lot of offsetting credits. United Nations envoys are seeking to put together a new carbon market as the world...

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