Asia Pacific > ETS delay puts China’s fledgling carbon industry in chokehold, survey shows

ETS delay puts China’s fledgling carbon industry in chokehold, survey shows

Published 09:50 on June 4, 2018  /  Last updated at 16:09 on June 4, 2018  / Stian Reklev /  Asia Pacific, Bavardage, China

The delay of China’s national emissions trading scheme is threatening to choke the nation’s fledgling carbon market industry as a majority of companies have put a freeze on new hires and some staffers have been forced to take a pay cut to keep their jobs, according to a new survey.
The delay of China’s national emissions trading scheme is threatening to choke the nation’s fledgling carbon market industry as a majority of companies have put a freeze on new hires and some staffers have been forced to take a pay cut to keep their jobs, according to a new survey.


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