China coal merger plan increases risk of ETS overallocation, experts say

Published 15:31 on December 2, 2019  /  Last updated at 01:31 on December 3, 2019  /  China, China's National ETS  /  No Comments

China plans to merge major power companies and shut down outdated coal power capacity over two years, documents published over the weekend showed, a move experts say would cut emissions but increase the likelihood of overallocation when the government launches its ETS next year.

China plans to merge major power companies and shut down outdated coal power capacity over two years, documents published over the weekend showed, a move experts say would cut emissions but increase the likelihood of overallocation when the government launches its ETS next year.

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