The CO2 price in China’s national emissions trading scheme is likely to stay in the 30-100 yuan range ($4.43-14.76) in the first three years, a government official said Tuesday, the lower end of what is expected to be necessary for China to meet its 2030 Paris Agreement emissions target.
China expects initial ETS carbon price in $5-15 range -official
The CO2 price in China’s national emissions trading scheme is likely to stay in the 30-100 yuan range ($4.43-14.76) in the first three years, a government official said Tuesday, the lower end of what is expected to be necessary for China to meet its 2030 Paris Agreement emissions target.
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