星期五, 02/19/2010 - 22:59 
BY SHAI OSTER
BEIJING – Citigroup Inc. and OAO Gazprom closed a small but pioneering deal in China that could lay the foundation for a bigger nationwide market in carbon trading.
Under the deal, the American bank and the Russian gas giant bought energy-intensity credits from three Tianjin heating utilities that had outperformed efficiency targets set by the port city near Beijing. Worth a mere 500,000 yuan, or $73,250, the energy savings were packaged as carbon-emissions allowances that could be sold on to other utilities or buildings in the city that can't make this year's municipal goals.
"We see this as a start ...
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