Hubei carbon market shrinks after power plant exit

Published 08:39 on September 22, 2021  /  Last updated at 08:39 on September 22, 2021  /  China, China's National ETS, China's Pilot Markets  /  No Comments

China’s Hubei province has released the 2020 allocation for its pilot emissions trading scheme, with the number of allowances to be issued falling by almost 40% after regional coal-fired power plants exited the scheme to participate in the national market.

China’s Hubei province has released the 2020 allocation for its pilot emissions trading scheme, with the number of allowances to be issued falling by almost 40% after regional coal-fired power plants exited the scheme to participate in the national market.

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