China's Ministry of Environmental Protection has decided to suspend the approval of the construction projects China Huaneng Group and China Huadian Corporation as a punishment to the parties' environmental infringement.
The only exceptions to the blanket ban are new energy and pollution control projects.
MEP stated that it would suspend the approval for the evaluation of the [...]

A special commodity, carbon dioxide, has been licensed for trading on the China Beijing Environment Exchange.

Retailing behemoth Wal-Mart and China's Environmental Certification Center of the Ministry of Environmental Protection have signed a memorandum of understanding on environmental sustainability at the Wal-Mart chain store in Wangjing, Beijing.

The Ministry of Environmental Protection, the Chinese Ministry of Finance, and Jiangsu Provincial Government have started pilot work on the paid use and trading of emission rights in Lake Taihu Basin.