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Taiwanese Premier Wu calls for cap-and-trade system

from Bloomberg Businessweek

Taiwan's Premier Wu Den-yih has urged the island's Environmental Protection Administration to plan for the introduction of a cap-and-trade system on greenhouse-gas emissions to help reduce pollution. The EPA should coordinate with lawmakers to facilitate the passage of a proposed law that would set the framework for emissions trading, the Cabinet said in an e-mailed statement in Taipei today. President Ma Ying-jeou, who took office in May 2008, has pledged to cut emissions to 2000 levels by 2025. more

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