Shanghai lowers emissions cap, plans CO2 auctions

Published 11:38 on November 16, 2016  /  Last updated at 19:04 on November 16, 2016  /  China, China's Offset Market, China's Pilot Markets  /  No Comments

The Shanghai municipal government on Wednesday released the 2016 allocation plan for its emissions trading scheme, reducing the annual cap despite increasing the number of market participants by over 50%.

The Shanghai municipal government on Wednesday released the 2016 allocation plan for its emissions trading scheme, reducing the annual cap despite increasing the number of market participants by over 50%.

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