China orders efficiency improvements for coal-fired power plants

Published 06:49 on November 4, 2021  /  Last updated at 06:49 on November 4, 2021  /  China, China's National ETS  /  No Comments

China’s National Development and Reform Commission (NDRC) has ordered most coal-fired power plants to improve their coal-burning efficiency, a move that could further increase the oversupply of allowances in the ETS unless the environment ministry adopts similar adjustments to the CO2 allocation benchmark.

China’s National Development and Reform Commission (NDRC) has ordered most coal-fired power plants to improve their coal-burning efficiency, a move that could further increase the oversupply of allowances in the ETS unless the environment ministry adopts similar adjustments to the CO2 allocation benchmark.

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