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According to the agreement, from this year to 2014, Zhongliangshan Coal & Electric Co., Ltd. will sell carbon dioxide gas emission “indicators†at a price of US$5.5 per ton to the European Environment Fund. The methane price per ton is $110. This single “carbon trading†has opened up new ways for domestic companies to use foreign capital for pollution control.
Recently, Chongqing Zhongliangshan Coal Electric Co., Ltd. and the British ECO Company signed the “Agreement on the Utilization of Coal Mine Gas Emission Reductions†and will sell greenhouse gas emission reduction targets to the EU Environmental Protection Fund. This will allow enterprises to have billions of dollars in 10 years. RMB is accounted for. It is reported that this is the city's first implementation of the "Kyoto Protocol" environmental protection emission reduction purchase agreement index project. The agreement will come into effect after being approved by the UN Environment Programme, the Chinese government, and the European Environment Fund.