Xinhua: China will direct more private capital to better finance the country's programs to fight climate change, China's chief climate negotiator said Friday. Su Wei, who is also director-general of the Department of Climate Change of the National Development and Reform Commission, said China is piloting carbon market schemes in seven regions. Carbon markets allow enterprises to trade their carbon quotas and provide a platform for private capital to make money from carbon quotas set by local governments...
URL: http://www.chinadaily.com.cn/business/2012-12/22/content_16042053.htm
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