China’s First Emission Trading Exchange Established
China’s first comprehensive emissions trading exchange was set up in Tianjin Binhai New Area on September 25.
The Exchange was jointly established by CNPC Assets Management Co., an affiliate of China National Petroleum Corp., Tianjin Property Rights Exchange and the Chicago Climate Exchange, each taking 53 percent, 22 percent and 25 percent stake in the exchange. [...]
Climate Exchange Emissions Trading in China
China National Petroleum Corporation Assets Management Co. Ltd., the City of
Tianjin and the Chicago Climate Exchange have signed an agreement to jointly
engage in the business of emissions trading in China
Climate Exchange plc, is delighted to announce that further to its announcement of 20
December 2007 where it reported on the memorandum of understanding between the
China National [...]