Asia Pacific > Study urges China to reform ETS to drive deeper CO2 cuts, reduce costs

Study urges China to reform ETS to drive deeper CO2 cuts, reduce costs

Published 12:03 on May 25, 2022  /  Last updated at 01:50 on May 26, 2022  / Jiefei Liu /  Asia Pacific, China

Gradually introducing permit auctioning and transitioning to a cap-and-trade system from the current intensity-based approach are some of the measures China can put in place to achieve deeper carbon cuts from its ETS at a lower cost, according to a study released Wednesday.
Gradually introducing permit auctioning and transitioning to a cap-and-trade system from the current intensity-based approach are some of the measures China can put in place to achieve deeper carbon cuts from its ETS at a lower cost, according to a study released Wednesday.


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