China > China ETS could face 600 Mt/year surplus, IEA warns

China ETS could face 600 Mt/year surplus, IEA warns

Published 15:00 on June 29, 2020  /  Last updated at 00:24 on June 30, 2020  /  China, China's National ETS  /  No Comments

China’s national emissions trading scheme could generate more than 600 million surplus allowances each year due to the generous benchmarks proposed for facilities that don’t monitor their CO2 fuel factor, the International Energy Agency (IEA) said Monday.

China’s national emissions trading scheme could generate more than 600 million surplus allowances each year due to the generous benchmarks proposed for facilities that don’t monitor their CO2 fuel factor, the International Energy Agency (IEA) said Monday.

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