China launches voluntary trade of renewable energy credits

Published 15:25 on July 3, 2017  /  Last updated at 20:34 on July 3, 2017  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

China launched voluntary trade in 'green' certificates for renewable power on Saturday, with critics warning that while it may help curb subsidies, the initiative lacks enough demand to gain traction and risks overlapping with the country's carbon offset market.

China launched voluntary trade in ‘green’ certificates for renewable power on Saturday, with critics warning that while it may help curb subsidies, the initiative lacks enough demand to gain traction and risks overlapping with the country’s carbon offset market.

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