China ETS set to start out with 8-8.5 billion allowances -analysts

Published 15:16 on October 19, 2020  /  Last updated at 23:53 on October 19, 2020  /  China, China's National ETS, China's Pilot Markets  /  No Comments

China is likely to hand out 8-8.5 billion allowances for 2019 and 2020 when its emissions trading scheme eventually gets off the ground, starting off with a soft scheme that could be ramped up fairly quickly given the government’s recently announced climate ambitions, analysts said Monday.

China is likely to hand out 8-8.5 billion allowances for 2019 and 2020 when its emissions trading scheme eventually gets off the ground, starting off with a soft scheme that could be ramped up fairly quickly given the government’s recently announced climate ambitions, analysts said Monday.

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