China mulls national pollution permit trading system

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The concept is borrowed from carbon emissions trading...

China mulls national pollution permit trading system

BEIJING — China will look into establishing a nation-wide trading system for pollution permits as part of efforts to use market mechanisms to help clean up its environment, the country’s top environment official said.

In remarks published on the website of the Ministry of Environmental Protection today (Jan 10), Chinese minister Zhou Shengxian said China was working on new regulations for pollution permits and would also publish proposals for new pilot trading projects as soon as possible.
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http://www.todayonline.com/chinaindia/ch...ing-system
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