China coal giant set up for massive windfall under ETS

Published 11:56 on July 7, 2020  /  Last updated at 23:25 on July 7, 2020  /  China, China's National ETS  /  No Comments

China’s biggest coal company is set to make huge windfall profits under the national CO2 emissions trading scheme after data showed Tuesday the CO2 intensity at its power plants is far below even the strictest benchmark proposed for the carbon market.

China’s biggest coal company is set to make huge windfall profits under the national CO2 emissions trading scheme after data showed Tuesday the CO2 intensity at its power plants is far below even the strictest benchmark proposed for the carbon market.

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