China’s CDM trade threatened by uncertain carbon legislation
Investment in CDM carbon credits in China may slow because of the prolonged uncertainty over global climate change legislation, analysts say
China's dominant position as the top supplier of carbon credits generated from Clean Development Mechanism (CDM) projects is threatened by the current uncertainty surrounding future carbon legislation, according to some analysts.
CDM is a carbon market mechanism devised under the Kyoto Protocol. It allows participants in developed countries to invest in carbon reduction projects in developing countries and earn carbon credits, known as Certified Emission Reductions (CERs), in return. The
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