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Surging Carbon Prices Cause Higher Transformation Risks to Firms, EDF Experts Say


Surging Carbon Prices Cause Higher Transformation Risks to Firms, EDF Experts Say
Zhang Ke
Surging Carbon Prices Cause Higher Transformation Risks to Firms, EDF Experts Say
(Yicai Global) July 19 Rising carbon credit prices mean a higher transformation risk for various entities, according to insiders at the New York-headquartered Environmental Defense Fund.
Carbon credit prices are based on supply and demand, Beijing-based representatives of the environmental organization said to Yicai Global on July 17. It has helped Chinese authorities design and test pilot systems for carbon offset trading over the past decade.
China launched its first national carbon credit trading system on July 16. Prices of offsets climbed 6.7 percent on the first trading day. ....

Emmi Laine , Environmental Defense Fund , Yicai Global , New York Headquartered Environmental Defense , எம்மி லைன் , சுற்றுச்சூழல் பாதுகாப்பு நிதி ,

Chinese Steel Giant Baowu Initiates Max USD7.7 Billion Green Fund


Chinese Steel Giant Baowu Initiates Max USD7.7 Billion Green Fund
Chen Shanshan
Chinese Steel Giant Baowu Initiates Max USD7.7 Billion Green Fund
(Yicai Global) July 16 China’s biggest steel producer China Baowu Steel Group will join hands with three entities to set up a carbon neutrality fund with a maximum scale of CNY50 billion (USD7.7 billion) amid the country s ambitious plans to have net-zero carbon dioxide emissions by 2060.
Baowu penned an agreement with the National Green Development Fund, China Pacific Insurance Group, and CCB Financial Asset Investment to form the fund with an initial scale of CNY10 billion, Yicai Global learned. ....

Zhu Yonghong , Emmi Laine , China Baowu Steel Group , China Pacific Insurance Group , National Green Development Fund , Yicai Global , Asset Investment , எம்மி லைன் , சீனா பெஸிஃபிக் காப்பீடு குழு , தேசிய பச்சை வளர்ச்சி நிதி , சொத்து முதலீடு ,

China's InnoCare Rallies After US Biogen Pays up to USD937.5 Million for MS Drug

China's InnoCare Rallies After US Biogen Pays up to USD937.5 Million for MS Drug
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Hong Kong , Emmi Laine , Yicai Global , ஹாங் காங் , எம்மி லைன் ,