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</html><description>The Obama Administration last week released proposed rules for power plant emissions that are intended to be as flexible as possible while still being legally defensible. The news boosted allowance prices in the Regional Greenhouse Gas Initiative while California and Quebec announced preparations for their first joint auction in November. Meanwhile, China is exploring ways to convert CDM offsets for use in their domestic emission trading systems.</description><thumbnail_url>http://ecosystemmarketplace.com/wp-content/uploads/archive/graphics/spacer.gif</thumbnail_url></oembed>
