Carbon Solutions Ltd. Reviews the Carbon Program in Guangdong
According to Bloomberg New Energy Finance, a program in Guangdong province of China to stop the increase of greenhouse gas emission.
- (1888PressRelease) February 07, 2012 - China is considered the most populous and largest emitter of carbon. The country is testing emissions-trading programs after the output of worldwide greenhouse gas from fuel burning jumped 5.3 percent to a record of 30.4 million metric tons in 2010.
According to Bloomberg New Energy Finance, a program in Guangdong province of China to stop the increase of greenhouse gas emission will probably be the largest of the country's seven test climate-protection systems. By 2015, the province is looking forward to cut the amount of carbon emitted per unit of production in its economy by 19.5 percent.
Based on the 2009 data of New Energy, it has estimated that Guangdong has emissions of about 465 million tons of carbon dioxide compared with 397 million tons for France. For Carbon Solutions Ltd., they should focus attention on Guangdong province for it has an ambitious target and the highest emissions out of the seven pilot regions. An absolute emission cap must be set for the economic sectors in the geographical areas covered for the purpose of pilot provincial emissions trading systems.
Carbon Solutions Ltd. is a carbon emission trading company with experience in international markets dedicated to addressing climate change and global warming by ensuring businesses have a profitable and sustainable way of making the changes needed to combat this problem. We are a reliable and proficient player in the environmental commodity world and operate in the global carbon trading, energy and renewable energy markets.