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November 23, 2011

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Shanghai to pilot emissions scheme

SHANGHAI has been chosen to take part in a pilot greenhouse gas emission rights trading scheme in an effort to encourage carbon emission reductions, China's top economic planner confirmed yesterday.

Also taking part in the scheme are Beijing, Tianjin, Chongqing, Shenzhen, Hubei and Guangdong, according to the National Development and Reform Commission.

Details of how it will work and how long it will last were not available.


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