China set to drop absolute emission cap on ETS, says government advisor

Published 10:40 on September 27, 2019  /  Last updated at 21:22 on October 7, 2019  /  China, China's National ETS  /  No Comments

China is likely to avoid setting an absolute cap on CO2 when it launches its emissions trading scheme next year, and will instead opt for an intensity-based approach, according to a Tsinghua University professor advising the government on designing the market.

China is likely to avoid setting an absolute cap on CO2 when it launches its emissions trading scheme next year, and will instead opt for an intensity-based approach, according to a Tsinghua University professor advising the government on designing the market.

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