On August 5, China launched environment and energy exchanges in Shanghai and Beijing, as part of its efforts to cut emissions and conserve energy. The exchange will be a trading platform for environmental protection technology as well as sulfur dioxide and chemical oxygen demand emission permits. ...
On August 5, China launched environment and energy exchanges in Shanghai and Beijing, as part of its efforts to cut emissions and conserve energy. The exchange will be a trading platform for environmental protection technology as well as sulfur dioxide and chemical oxygen demand emission permits. "The establishment of the environment and energy exchange can help transfer the past government-administrated energy allocation into the market," said Luo Xinyu, general manager of the Shanghai United Assets and Equity Exchange.(more)