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  /  China, China's National ETS  /  No Comments

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.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.

Comment