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Beijing expands carbon trading scheme

BEIJING, Aug 21 (Reuters) - The Beijing municipal government will add 120 companies to its emissions trading scheme from 2014, bringing in sectors like public transport in a bid to strengthen control over the city's rapidly growing greenhouse gas emissions.

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Guangdong adds 20 mln permits to China's biggest carbon market

BEIJING, Aug 19 (Reuters) - Guangdong, the biggest of China's seven pilot carbon trading markets, will this year hand out around 6 percent more emission permits to companies than in 2013, potentially aggravating oversupply that sent prices tumbling earlier this year.

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Brazil makes progress on saving forests, Indonesia risks setbacks -report

OSLO, Aug 18 (Reuters) - Brazil has made good progress in safeguarding the Amazon rainforest but Indonesia's plans for its forests could face setbacks under a new government, a report commissioned by top forest aid donor Norway said on Monday.

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China's carbon plans: Secrecy and oversupply darken outlook

BEIJING, Aug 18 (Reuters) - As China lays down plans for a national carbon trading scheme, the world's biggest emitter of greenhouse gases risks repeating mistakes made in carbon trading in Europe by flooding its pilot markets with free permits.

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NZ carbon slumps to 3-mth low as buyers retreat

Aug 15 (Reuters) - Spot carbon permits in the New Zealand Emissions Trading Scheme fell 2.5 percent over the week to close Friday at NZ$3.85 ($3.27), with buyers retreating amid a small but steady flow of supply.

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China's carbon intensity records biggest fall in 4 yrs

BEIJING, Aug 14 (Reuters) - China's carbon intensity - the amount of CO2 it produces per unit of growth - fell by 5 percent in the first half of 2014, helped by the decreasing share of heavy industry in the country's economy, state media said on Thursday.

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South Korea carbon market to go ahead as planned -MOE spokeswoman

Aug 14 (Reuters) - South Korea decided on Thursday that its carbon trading market will go ahead as planned on Jan. 1 of next year, despite the finance minister's calls last month for it to be delayed.

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Japan power firms gas use up 5 pct y/y to record high in July

TOKYO, Aug 12 (Reuters) - Gas use by Japan's 10 regional power monopolies rose to a record high in July, an industry official said, as the utilities continue to rely on the fossil fuel to offset a complete shutdown of the nation's nuclear industry.

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Beijing cuts coal use by 7 pct in H1 in anti-smog push

BEIJING, Aug 12 (Reuters) - China's capital Beijing cut total coal consumption by 7 percent in the first half of 2014 as part of its efforts to tackle smog, the official Xinhua news agency reported, citing data from its environmental protection bureau.

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China provinces on way to meet 2015 energy targets -NDRC

BEIJING, Aug 8 (Reuters) - Most of China's provinces are ahead of schedule or on track to meet 2015 energy savings targets, the government said on Friday, with Beijing and Shanghai among the frontrunners as the world's No.2 economy seeks to reduce its impact on the environment.

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NZ carbon halts 5-week slide but liquidity evaporates

Aug 8 (Reuters) - Spot permits in New Zealand's emissions trading scheme rose 1.3 percent over the week to close Friday at NZ$3.95 ($3.34) to halt a five-week slide, but traded volume fell to near zero as interest remained lacklustre.

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BEIJING, Aug 7 (Reuters) - China is targeting producing 30 billion cubic metres (bcm) of shale gas by 2020, about half the earlier goal of 60-80 bcm, according to an industry website and a government source.

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NZ aluminium giant gets fivefold increase in free carbon permits

Aug 6 (Reuters) - New Zealand Aluminium Smelters Ltd (NZAS) got additional free carbon permits worth NZ$4.75 million ($4 mln) after a 2013 electricity deal with Meridian Energy, fuelling concern over the effectiveness of New Zealand's emissions trading scheme (ETS).

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Chinese capital to ban coal use to curb pollution -Xinhua

BEIJING, Aug 4 (Reuters) - Beijing will ban coal use in its six main districts by the end of 2020, state media cited the Beijing Municipal Environmental Protection Bureau as saying, as the Chinese capital steps up efforts to combat air pollution.

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Forestry firms flee New Zealand carbon market

Aug 4 (Reuters) - More than 700 forestry firms left New Zealand's emissions trading scheme in fiscal 2013/14, according to government data released on Monday, causing the number of permits handed over to the authorities to comply with the scheme to spike 68 percent.

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