China's smoke signal

World leaders will congregate in Copenhagen next month in a bid to thrash out a replacement to the Kyoto protocol for climate change. While the outcome is still far from clear, new policy stances from Asian nations are already having a fundamental effect


As the region with the largest sellers of carbon credits, Asia’s importance in the global landscape cannot be underestimated. What’s more, in September, China made promises of an as-yet-unspecified restriction of carbon levels – a big change in tack and something experts believe could be the first step to China having its own cap and trade system.

This development has the carbon community buzzing about its potential effects. There is speculation China could move from being a seller to a partial

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