SHENZHEN will become the first to launch a carbon trading taxation scheme this week, part of a pilot programme as Beijing weighs the possibility of launching a nationwide scheme by 2015, report London's Financial Times. 
The programme will cover 635 companies, although the government has not specified which companies, according to the Hongliang Chai consultancy of Thomson Reuters Point Carbon. 
The companies' total emissions equate to just more than one-third of Shenzhen's total emissions as of 2010. Six other pilot schemes will be launched in Beijing, Shanghai, Tianjin and Chongqing as well as Guangdong and Hubei provinces, said the report.