Japanese consortium to buy carbon credits from China for 1st time
BEIJING, China - Representatives from Japan Carbon Finance Ltd. (L) and Jincheng Anthracite Mining Group in China's Shanxi Province (R) shake hands in Beijing on Nov. 17 after the Japanese consortium signed a contract with the Chinese group to purchase carbon credits equivalent to 2 million tons of methane gas in six years. Under the 1997 Kyoto anti-global warming treaty, companies in developed countries can obtain carbon credits in exchange for helping reduce greenhouse gas emissions in developing nations.
- Product Code
- ILEA001112004
- Registered date
- 2005/11/17 00:00:00
- Credit
- Kyodo / Kyodo News Images
- Media source
- 2005 Kyodo News
- Media size
- 1864 × 1228 pixel
- Deployment size
- 482.79(KB)*
*File size when opened in Photoshop, etc.