Asia Pacific > China increases CO2 allocation levels in final ETS allocation plan for 2023-24

China increases CO2 allocation levels in final ETS allocation plan for 2023-24

Published 13:58 on October 17, 2024  /  Last updated at 14:25 on October 17, 2024  / /  Asia Pacific, China

China’s environment ministry has released the final carbon allowance allocation plan for the years 2023 and 2024, marginally easing the settings for coal-fired power plants compared to the previous draft as some 68 million additional CO2 permits are now set to be handed out in each of the two years.
China’s environment ministry has released the final carbon allowance allocation plan for the years 2023 and 2024, marginally easing the settings for coal-fired power plants compared to the previous draft as some 68 million additional CO2 permits are now set to be handed out in each of the two years.


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