China has marked the first successful trade in carbon credits from the aquaculture sector and is seeking to promote the trade as a major new source of income for the marine aquaculture sector.
A pilot program in Liancheng County in Fujian Province have traded 15,000 metric tons (MT) worth of carbon credits for CNY 12 million (USD 1.8 million, EUR 1.5 million) on what’s described as China’s first marine carbon sink trading platform at the Xiamen Carbon and Emissions Trading Center…
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