China carbon market faces surplus of 1.56 bln allowances for 2019-20, analysts find

Published 00:01 on April 15, 2021  /  Last updated at 11:34 on April 14, 2021  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

China is likely to have oversupplied its national emissions trading scheme by as much as 1.56 billion allowances for 2019 and 2020, pushing the fair value of permits in the market to zero.

China is likely to have oversupplied its national emissions trading scheme by as much as 1.56 billion allowances for 2019 and 2020, pushing the fair value of permits in the market to zero.

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