China coal company profits at risk from ETS, but not yet -Moody’s

Published 10:41 on December 21, 2017  /  Last updated at 23:32 on December 21, 2017  /  China, China's National ETS  /  No Comments

The profitability of Chinese emissions-intensive coal companies, including some major state-owned ones, are at risk from the government plan to launch a cap-and-trade programme, though the impact will be felt in the longer-term, credit rating agency Moody’s said Thursday.

The profitability of Chinese emissions-intensive coal companies, including some major state-owned ones, are at risk from the government plan to launch a cap-and-trade programme, though the impact will be felt in the longer-term, credit rating agency Moody’s said Thursday.

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