China Financial Daily

August 19, 2009

China’s first voluntary carbon reduction standard is expected next month, was born

Filed under: Financial News — Tags: — lily @ 10:30 pm -0700

China’s first voluntary carbon reduction standard is expected next month, was born
China’s first voluntary carbon reduction standard is expected next month, was born, this is general manager of Beijing Environment Exchange, held yesterday, Mei German “First Sino-US Conference on low-carbon economy,” the briefing says.

International carbon trading market is divided into quotas and voluntary market transactions, the former for those countries limit greenhouse gas emissions or carbon trading platform for enterprises to meet the emission reduction targets, the latter from the corporate social responsibility, brand building, considering the voluntary carbon transaction in order to achieve this goal. At present, the global voluntary carbon reduction standards are mostly concentrated in Europe, while the Beijing Environment Exchange next month, announced a voluntary carbon emission reduction standards will be following the beginning of this month China’s first single to reach a voluntary carbon emissions trading, China, on a voluntary carbon emission reduction another key step on the step.

Mei German also revealed that next month in the United States held the “First China-US Conference on low-carbon economy”, the Beijing Environmental Exchange will join National Energy Research Institute and the BlueNext Environmental Exchange, the U.S. Environmental Protection Association, the Climate Group 1 on the new Energy and energy-saving emission reduction projects, carbon finance market construction and other issues, expand the capital, technology, project communication and cooperation.

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