China ETS to do little to cut emissions in early years -report

Published 13:46 on January 10, 2017  /  Last updated at 20:04 on November 23, 2022  / Kathy Chen /  Asia Pacific, China

China’s national emissions trading scheme is shaping up to apply little pressure to most participants to cut CO2 emissions in its early years, with inefficient allocation and a lack of price discovery likely to hold the scheme back, a government-commissioned report said.
China’s national emissions trading scheme is shaping up to apply little pressure to most participants to cut CO2 emissions in its early years, with inefficient allocation and a lack of price discovery likely to hold the scheme back, a government-commissioned report said.


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