Asia Pacific > Planned steel mergers seen to bring surplus risk to China’s ETS

Planned steel mergers seen to bring surplus risk to China’s ETS

Published 10:15 on August 2, 2016  /  Last updated at 10:15 on August 2, 2016  / /  Asia Pacific, China

Reports of planned mergers between some of China’s biggest steel companies could mean racking up a surplus of permits in the national emissions trading scheme unless the government opens for ex-post adjustment to allocation levels, market participants said.
Reports of planned mergers between some of China’s biggest steel companies could mean racking up a surplus of permits in the national emissions trading scheme unless the government opens for ex-post adjustment to allocation levels, market participants said.


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