China steel producers warn of losses if govt cuts CO2 allocation

Published 12:29 on April 10, 2017  /  Last updated at 13:43 on April 10, 2017  /  China, China's National ETS  /  No Comments

China’s steel producers could face additional costs of 400 million yuan ($58 million) annually if the government reduces their free allocation of CO2 permits by 1% each year, the sector said Monday.

China’s steel producers could face additional costs of 400 million yuan ($58 million) annually if the government reduces their free allocation of CO2 permits by 1% each year, the sector said Monday.

A Carbon Pulse subscription is required to read the full article. Subscribe today to access our unrivalled news and intelligence, as well as our new premium content. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.

Comment

We use cookies to improve your website experience and to analyse our traffic. We also share non-personally identifiable information about your use of our site with our analytics partners. By continuing to use our site, you agree to this. More information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close