Asia Pacific > China flags more lenient carbon permit borrowing rules for ETS participants

China flags more lenient carbon permit borrowing rules for ETS participants

Published 09:51 on November 2, 2023  /  Last updated at 09:57 on November 2, 2023  / Chia-Erh Kuo /  Asia Pacific, China

China has loosened the CO2 permit borrowing rules for regulated companies in its national emissions trading scheme, according to sources who have seen a new regulatory update distributed to power companies, as the government seeks to mitigate cost increases for power plants ahead of the year-end compliance deadline.
China has loosened the CO2 permit borrowing rules for regulated companies in its national emissions trading scheme, according to sources who have seen a new regulatory update distributed to power companies, as the government seeks to mitigate cost increases for power plants ahead of the year-end compliance deadline.


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