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18 May
08:19

China may drop steel from initial carbon trading

China is on track to launch its first nationwide carbon trading scheme in the fourth quarter of 2017, Kallanish notes. It might leave out key sectors such as steel and petrochemicals in the first phase however, according to China Securities. The previous plan was to pilot national carbon trading across the petrochemical, chemical, construction materials, steel, non-ferrous metals, paper-making, electricity and civil aviation industries. These sectors are al…
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