China updates draft rules for mandatory REC scheme, announces 2019 start

Published 10:49 on November 15, 2018  /  Last updated at 10:49 on November 15, 2018  /  China, China's National ETS  /  No Comments

China will launch its mandatory renewable energy certificate (REC) scheme next year, the National Energy Administration (NEA) said as it this week rolled out updated draft rules for what will be the first of several planned national market mechanisms to cut carbon emissions and reduce energy use.

China will launch its mandatory renewable energy certificate (REC) scheme next year, the National Energy Administration (NEA) said as it this week rolled out updated draft rules for what will be the first of several planned national market mechanisms to cut carbon emissions and reduce energy use.

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