Bloomberg: China will likely set up a domestic market for trading carbon emissions by 2014 and hand companies “half-mandatory” targets for limiting their greenhouse gases, said a government official who oversees climate-change issues. Authorities are drawing up rules for a market to be run by “associations” overseen by the government, Feng Shengbo, deputy director of the China Clean Development Mechanism Management Center, said in an interview. “The government will not directly control …