China should ban new coal plants, aim for $30/t carbon price -report

Published 09:20 on November 20, 2020  /  Last updated at 09:20 on November 20, 2020  /  China, China's National ETS  /  No Comments

China needs to immediately halt construction of new coal-fired power plants and aim for a 200 yuan ($30) per tonne price of carbon in its emissions trading scheme to get on track to meeting its target of reaching net zero emissions by 2060, according to a report released Friday.

China needs to immediately halt construction of new coal-fired power plants and aim for a 200 yuan ($30) per tonne price of carbon in its emissions trading scheme to get on track to meeting its target of reaching net zero emissions by 2060, according to a report released Friday.

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