Asia Pacific > Chinese emitters forced to chase scarce supply after ignoring CO2 verification requirements

Chinese emitters forced to chase scarce supply after ignoring CO2 verification requirements

Published 12:39 on November 11, 2021  /  Last updated at 12:39 on November 11, 2021  / Jiefei Liu /  Asia Pacific, China

A number of Chinese power plants unexpectedly face a shortage of allowances in the national CO2 trading scheme after neglecting to finalise the verification process for their 2019 emissions, according to market participants.
A number of Chinese power plants unexpectedly face a shortage of allowances in the national CO2 trading scheme after neglecting to finalise the verification process for their 2019 emissions, according to market participants.


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