New Energy and Environment Digest 新能源与环保参考

Shanghai to Pilot China’s First Municipal Emissions Exchange

Posted in Business & Finance, Carbon Markets, Climate change, Environmental Policies by ebalkan on April 21, 2009
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Annual CO2 Emissions

Shanghai, often recognized for its free-market tendencies and environmental leadership, is introducing China’s first municipal trading mechanism as a means to curb pollution. Last Friday, in advance of a major carbon trade industry event taking place in Beijing this week, word began surfacing in the Chinese media that Shanghai plans to pilot an emissions trading scheme that will involve more than 300 companies’ trading “pollution discharge rights.”

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Seeing the Forest for the Trees: Shaping Financing to Prevent Deforestation

trees forest land use palm oil biofuel deforestation conservation emissions ghg carbon credit market finance investmentThe Waxman-Markey bill signals Washington’s intentions to pony up to fund deforestation prevention as part of overall climate legislation. But will climate scientists, C-15 negotiators, developing countries and environmental groups agree on an international forest protection program that everyone, including the trees, can live with?

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