China plans significant cuts in ETS allocation, draft govt document shows

Published 11:25 on March 31, 2022  /  Last updated at 11:25 on March 31, 2022  /  Asia Pacific, China  /  No Comments

China’s environment ministry is planning to make significant reductions in the number of CO2 allowances it will hand out for 2021 and 2022, according to a draft seen by Carbon Pulse on Thursday.

China’s environment ministry is planning to make significant reductions in the number of CO2 allowances it will hand out for 2021 and 2022, according to a draft seen by Carbon Pulse on Thursday.

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