Carbon trading boosters

As China kicks off carbon trading, Europe looks to kick-start its ETS. Elsewhere, a Chinese region mulls a cap on cars and solar groups look to bypass anti-dumping laws.

The world's largest carbon emitter kicked off a pilot emissions trading scheme in the south eastern city of Shenzhen last week even as the elusive search for a fix to Europe's emissions system continued. This is the first of the seven test markets that China hopes to roll out soon, and the smallest, with covered emission estimated at 32MTCO2e/year from 635 entities.

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