China’s national ETS may start without access to offsets -sources

Published 10:38 on March 23, 2017  /  Last updated at 17:38 on March 23, 2017  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

China could rule out the use of offsets when it launches its national emissions trading scheme later this year in a bid to bolster demand for allowances, according to sources familiar with the situation, a move that would also cut off potential funding for thousands of domestic carbon-cutting projects.

China could rule out the use of offsets when it launches its national emissions trading scheme later this year in a bid to bolster demand for allowances, according to sources familiar with the situation, a move that would also cut off potential funding for thousands of domestic carbon-cutting projects.

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