Cement News tagged under: Carbon permits
China: Hubei producers may default on carbon obligations12 June 2015, Published under Cement NewsCement producers participating in the carbon market in China's Hubei province have told the local government they cannot afford the millions of yuan required to buy permits to cover mitigation obligations for 2014 and may default, according to a document seen by Reuters. The 138 companies covered by the Hubei exchange have to hand over carbon permits this month to settle their obligations for last year. Around a quarter are cement firms, who complain they were not allocated enough credits,... |
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