Japan sets date for power exchange to start carbon-credit trading
12 Aug 2008
The Japan Electric Power Exchange will start trading carbon credits in October on a trial basis as part of Prime Minister Yasuo Fukuda's goal to cut greenhouse gases by more than half.
The trade ministry has directed the 39-member bourse in Tokyo to design a web-based trading platform, a ministry official said under condition of anonymity because details haven't been completed. The credits will be traded in yen per tonne
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