China hints at lower CO2 permit allocations for emitters late to submit data

Published 10:39 on January 8, 2020  /  Last updated at 10:40 on January 8, 2020  /  China, China's National ETS  /  No Comments

China’s environment ministry has ordered power plants set to be included in the national emissions trading scheme to provide 2019 data that will be used as basis for the allocation of CO2 allowances, signalling that those that miss the May 31 deadline will receive fewer permits.

China’s environment ministry has ordered power plants set to be included in the national emissions trading scheme to provide 2019 data that will be used as basis for the allocation of CO2 allowances, signalling that those that miss the May 31 deadline will receive fewer permits.

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