China climate official sets sight on 200-300 yuan “ideal” carbon price

Published 06:28 on June 21, 2016  /  Last updated at 10:09 on June 21, 2016  / Stian Reklev /  Asia Pacific, China  /  No Comments

China’s national carbon price should ideally be four-to-six times as high as the most expensive pilot market CO2 allowances in order to force a green shift in the world’s biggest-emitting nation, according to an NDRC official.

China’s national carbon price should ideally be four-to-six times as high as the most expensive pilot market CO2 allowances in order to force a green shift in the world’s biggest-emitting nation, according to an NDRC official.

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