China’s Hubei expands ETS coverage while keeping CO2 cap flat « Carbon Pulse

China’s Hubei expands ETS coverage while keeping CO2 cap flat

Published 11:09 on January 16, 2018  /  Last updated at 18:54 on January 16, 2018  /  China, China's National ETS, China's Pilot Markets  /  No Comments

The government of China’s Hubei province has released the 2017 allocation plan for its pilot emissions trading scheme, showing a small 1.6% increase in allowances despite bringing in around 40% more emitters, though observers doubt it will be sufficient to absorb the market's permit glut.

The government of China’s Hubei province has released the 2017 allocation plan for its pilot emissions trading scheme, showing a small 1.6% increase in allowances despite bringing in around 40% more emitters, though observers doubt it will be sufficient to absorb the market’s permit glut.

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