Xi’s coal control pledge could help tighten China ETS

Published 13:31 on April 23, 2021  /  Last updated at 13:32 on April 23, 2021  /  China, China's National ETS, China's Offset Market  /  No Comments

Chinese President Xi Jinping’s pledge at the Leaders’ Climate Summit to strictly control coal projects in the current five-year period and phase them down from 2026 will likely benefit the national emissions trading scheme, prompting a cut in excess allowances earlier than presumed, according to experts.

Chinese President Xi Jinping’s pledge at the Leaders’ Climate Summit to strictly control coal projects in the current five-year period and phase them down from 2026 will likely benefit the national emissions trading scheme, prompting a cut in excess allowances earlier than presumed, according to experts.

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