China to Make Companies Report Carbon Emission Data

China's National Development and Reform Commission (NDRC) will make it mandatory for high energy consuming industries to report their carbon emission data during the period of the 12th Five-Year Plan (2011-2015) period, reports the China Daily citing the Economic Information Daily.

 

The new order will be first tested on the biggest companies and will pave the way for China's carbon finance market.

 

The NDRC is also drafting guidelines of greenhouse gas emissions, which might allow carbon trading. 

 

 

MORE ARTICLES ON CARBON EMISSIONS

Read more on

Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern