Emission trade launched

09:08, April 02, 2010      

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The city of Tokyo Saturday launched Asia's first scheme to trade carbon credits, aiming to lead Japan in the battle against greenhouse-gas emissions blamed for climate change.

Under the scheme, starting 2011, companies that cannot meet the target will have to buy "right-to-pollute" credits from those that can, or will face fines.

Source: Global Times

(Editor:黄蓓蓓)

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