"Otherwise, China, at the bottom of the global carbon trading chain, will face the loss of pricing power, like that in the international oil market, said Yang Zhi, head of Renmin University of China research institute on climate change and low-carbon economy."
"Kyoto legislation worked. The EU is on track to meet - and actually exceed the carbon emissions target it set of 8% reductions below 1990 levels by 2012, the Commission’s annual progress report on emissions shows. The EU-15 (the first fifteen signatories) will meet and exceed their initial target
1
http://www.energyefficiencynews.com/building-and-design/i/3703/
Carbon trading mooted |<!-- ab 9235045 -->Cover Story<!-- ae 9235045 --> |chinadaily.com.cn
China sells carbon credits
China to start carbon trading market next year
EU on Track to Meet or Exceed Original Kyoto Goals: Estimate 13.9% Below 1990 - CleanTechnica
Consensus: No Climate Deal at Copenhagen - Environment+Energy Leader