Asia Pacific > Asia > China carbon market to face early test from expected power shortages

China carbon market to face early test from expected power shortages

Published 14:26 on June 7, 2021 / Last updated at 14:26 on June 7, 2021 / / Asia Pacific (Asia, Compliance Markets & Taxes)

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Heat waves and booming industrial production are expected to cause power shortages in a number of Chinese provinces this summer, putting the nation’s emissions trading scheme to an early test of whether it is able to control spikes in greenhouse gas emissions.
Heat waves and booming industrial production are expected to cause power shortages in a number of Chinese provinces this summer, putting the nation’s emissions trading scheme to an early test of whether it is able to control spikes in greenhouse gas emissions.


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