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IEA sees global carbon pricing spreading with China scheme

2013-11-13 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The share of global emissions subject to carbon pricing policies is on course to rise to around 33 percent in 2035 from about 8 percent last year, the International Energy Agency (IEA) said in its 2013 World Energy Outlook on Tuesday. Pricing carbon is aimed at encouraging energy producers and industry to switch to greener energy and away from burning fossil fuels. As well as the European Union's current Emissions Trading Scheme (ETS), the IEA said it expected China to launch carbon pricing...

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