China preps allowance allocation rules for three sectors to kickstart ETS

Published 06:38 on May 9, 2017  /  Last updated at 06:51 on May 9, 2017  /  China, China's National ETS  /  No Comments

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.

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