No cap will make China’s carbon market less efficient -report

Published 10:27 on January 15, 2020  /  Last updated at 10:27 on January 15, 2020  /  China, China's National ETS  /  No Comments

China’s decision to make its ETS intensity-based rather than having an absolute CO2 cap will make emission cuts more expensive, according to researchers, who say the system can still achieve significant reductions.

China’s decision to make its ETS intensity-based rather than having an absolute CO2 cap will make emission cuts more expensive, according to researchers, who say the system can still achieve significant reductions.

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