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China readies national carbon market fight climate change

2015-05-24 07:52:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: At first, the numbers and company names flashing on a big board in Beijing's financial district suggest a booming market. A closer look indicates otherwise: The scrolling list rotates the same dozen or so trades, all from last year. The lights from the Beijing Environment Exchange -- one of seven pilot markets in China for trading carbon -- raises questions for the country as it prepares for next year's roll-out of a nationwide system that could help the world's biggest emitter of heat-trapping...

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