INTERVIEW-China losing out in low-carbon economy bonanza

August 19, 2009

in Asia

* China’s cheap carbon credits save world $100 bln
* Financing problems put CER prices beyond China’s control

BEIJING, Aug 19 (Reuters) – China might be the world’s biggest generator of carbon credits, but its sclerotic financial sector is still holding the market back, the head of the country’s pioneering CO2 exchange said.

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