Credit: Erickson/Adobe Stock
Summary
- Heavy emitting power plants nationwide subject to new carbon trading obligations
- Generous compliance obligations expected to be ramped up over time
- Carbon leakage risk small in
China Carbon Trading: EU, Pilot Schemes Hint at What's to Come
Industry coverage, allowance allocation, and compliance obligations are all expected to be ramped up under China's national carbon emissions trading scheme
By
Vincent Chow