Kenya emissions trading plan at advanced stage, says finance minister
Carbon credits system to be managed through national carbon credits and green assets registry
Nairobi — Kenya aims to set up an emissions trading system that will allow companies and other bodies to buy emissions allowances, the finance minister said on Tuesday, as the country strives to limit the release of greenhouse gases.
Emissions trading is a pollution control mechanism where a central authority issues a limited number of permits for the release of specific greenhouse gases. Companies can then buy these permits and also trade them...