China launches trading scheme to tackle vehicle fuel efficiency, transport emissions

Published 10:11 on July 6, 2018  /  Last updated at 16:00 on July 6, 2018  /  China, China's National ETS  /  No Comments

China has launched a trading scheme to improve fuel efficiency among car manufacturers, and to help boost the production of so-called new energy vehicles (NEVs) while cutting transport emissions, though the government’s own data shows the market will be oversupplied in its early years.

China has launched a trading scheme to improve fuel efficiency among car manufacturers, and to help boost the production of so-called new energy vehicles (NEVs) while cutting transport emissions, though the government’s own data shows the market will be oversupplied in its early years.

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