China preps allowance allocation rules for three sectors to kickstart ETS

Published 11:38 on May 9, 2017  /  Last updated at 11:51 on May 9, 2017  / Kathy Chen /  Asia Pacific, China

China has drawn up draft allocation rules for the three sectors expected to be covered by its national carbon market from the outset, revealing plans to hold back a large share of permits until ex-post adjustments are done in order to guard against potentially faulty historical emissions data.
China has drawn up draft allocation rules for the three sectors expected to be covered by its national carbon market from the outset, revealing plans to hold back a large share of permits until ex-post adjustments are done in order to guard against potentially faulty historical emissions data.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. 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.