Shanghai launches carbon trading market

September 12, 2012 | BY

clpstaff &clp articles

Shanghai was the first city to release details of its pilot carbon trading market as part of a national policy to encourage a low carbon economy, but questions remain over how the NDRC will regulate the trading platforms

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TheChina Securities Journal stated on July 28 that Shanghai would launch a pilot carbon emissions trading platform in 2013.

The scheme follows a decision by the National Reform and Development Commission (NDRC)