Shell sees increasing role for carbon price in China’s decarbonisation process

Published 12:30 on January 17, 2022  /  Last updated at 12:30 on January 17, 2022  /  China, China's Offset Market  /  No Comments

China’s domestic carbon price could rise 400% above current levels by 2030 and kick on from there as part of the country’s efforts to decarbonise by 2060, oil major Shell said in a report Monday.

China’s domestic carbon price could rise 400% above current levels by 2030 and kick on from there as part of the country’s efforts to decarbonise by 2060, oil major Shell said in a report Monday.

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