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Taiwan exchange set to kick off trading for first batch carbon credits

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The Taiwan Carbon Solution Exchange (TCX) will start trading carbon credits on Dec. 22, offering international credits from seven countries in Asia, Africa, and South America at a price of US$5 to US$15 per metric ton of CO2 equivalent. 

The initial trading is open for purchase by local entities that have obtained the Gold Standard (GS), according to TCX, which estimates about 15-20 listed companies to complete trading when the exchange opens.

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