Asia Pacific > China ETS could cut costs by 30% with auctions -report

China ETS could cut costs by 30% with auctions -report

Published 08:59 on February 23, 2024  /  Last updated at 01:33 on February 26, 2024  / Chia-Erh Kuo /  Asia Pacific, China

Introducing an auctioning mechanism can lower the economic costs of China’s emissions trading scheme by at least 30% and reduce distortions associated with pre-existing taxes, a report has found.
Introducing an auctioning mechanism can lower the economic costs of China’s emissions trading scheme by at least 30% and reduce distortions associated with pre-existing taxes, a report has found.


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