Emissions Trading

China emissions trading scheme’s impact seen growing over time

Entities with excess emissions to be required to buy allowances in open market under scheme, whose operational phase began on Feb. 1, with power sector operators covered initially.

The marketplace for emissions trading that is widely expected to take off in China in a few months will force polluters and inefficient energy consumers to fall in line over time through economic disincentives, though challenges to implementation remain.

¬ Haymarket Media Limited. All rights reserved.

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