Asia Pacific > Asia > China weakens ETS allocation standards, extends data submission deadline

China weakens ETS allocation standards, extends data submission deadline

Published 10:10 on June 9, 2022 / Last updated at 10:10 on June 9, 2022 / / Asia Pacific (Asia, Compliance Markets & Taxes)

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China has announced new rules for determining the number of carbon allowances in its emissions trading scheme that traders say will lead to a bump in the number of permits, while also extending the deadline for submitting 2021 emissions data due to Covid disruptions.
China has announced new rules for determining the number of carbon allowances in its emissions trading scheme that traders say will lead to a bump in the number of permits, while also extending the deadline for submitting 2021 emissions data due to Covid disruptions.


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