China announces coal shutdowns before year-end

Published 11:22 on July 23, 2020  /  Last updated at 00:48 on July 24, 2020  /  China, China's National ETS  /  No Comments

China’s National Energy Administration (NEA) has ordered the closure of 7.3 GW worth of outdated coal-fired power generation capacity before the end of the year, slashing the amount of CO2 expected to be covered in its national emissions trading scheme.

China’s National Energy Administration (NEA) has ordered the closure of 7.3 GW worth of outdated coal-fired power generation capacity before the end of the year, slashing the amount of CO2 expected to be covered in its national emissions trading scheme.

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