China's first blue carbon auction held in Ningbo

STORY: China's first blue carbon auction held in Ningbo DATELINE: March 2, 2023 LENGTH: 00:01:02 LOCATION: NINGBO, China CATEGORY: ENVIRONMENT SHOTLIST: 1. various of the auction 2. SOUNDBITE (Chinese): WANG YUAN, Zhejiang Yiduan Precision Machinery Co., Ltd. 3. various of the company 4. various of blue carbon resources in the county STORYLINE: About 2,340 metric tons of blue carbon was auctioned off in Ningbo, east China's Zhejiang Province on Tuesday, in an effort to help improve the marine environment in the area. The item of the auction, the first of its kind in the country, is the annual total carbon sink of a fishery in Xiangshan county, with the starting price at 30 yuan (about 4.4 USD) per ton. The winning bidder was Zhejiang Yiduan Precision Machinery Co., Ltd., which bought it at 248,000 yuan (about 35,900 USD). SOUNDBITE (Chinese): WANG YUAN, Zhejiang Yiduan Precision Machinery Co., Ltd. "Our company is committed to green manufacturing, engaging in installment of solar photovoltaic panels. By