Shenzhen eyes absolute cap, auctions in ETS overhaul

Published 13:39 on June 11, 2021  /  Last updated at 13:39 on June 11, 2021  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

An absolute cap on ETS emissions and allowance auctions that would generate revenue for a new fund are among proposals released by Shenzhen’s government as the city seeks to overhaul its carbon market to align it with China’s national climate ambitions.

An absolute cap on ETS emissions and allowance auctions that would generate revenue for a new fund are among proposals released by Shenzhen’s government as the city seeks to overhaul its carbon market to align it with China’s national climate ambitions.

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