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Newsflash

China to have world's 2nd largest carbon trading scheme by 2014

24th January, 2013

China will have the world's second largest carbon trading scheme by 2014, or twice as big as Australia's regime, a latest report showed Thursday.

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Carbon price of $29 'not implausible', says Blair Comley

20th January, 2013

THE head of the federal climate change department says it is "not implausible" the European carbon price could rise to $29 a tonne by mid-2015, when Australia's emissions trading scheme begins.

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California Gambles on Carbon Trade

1 May 2011, New York Times

WASHINGTON — California is putting its reputation as a pioneering environmental heavyweight on the line as it prepares to establish a carbon market in eight months.

State regulators are battling the clock, the courts and their own empty pockets as they prepare to oversee the start of the multibillion-dollar market Jan. 1.

The idea of capping greenhouse gas emissions and providing cleaner companies with the potential for profit from their success is not new, but it has never been tried in the United States on this scale.

“This is by far the most ambitious program to reduce greenhouse gas emissions in North Ameri

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