Asia Pacific > China’s State Council approves CO2 target for petrochemicals, offers loans for carbon permits

China’s State Council approves CO2 target for petrochemicals, offers loans for carbon permits

Published 11:48 on August 3, 2016  /  Last updated at 07:38 on August 4, 2016  /  Asia Pacific, China  /  No Comments

China’s Cabinet has approved the petrochemicals industry’s 10% carbon intensity reduction target by 2020, while promising to help oil and gas firms get loans using pollution credits such as CO2 allowances as collateral.

China’s Cabinet has approved the petrochemicals industry’s 10% carbon intensity reduction target by 2020, while promising to help oil and gas firms get loans using pollution credits such as CO2 allowances as collateral.

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.

LinkedIn
Powered by Magic Members Membership Software