The national emissions trading scheme (ETS) faces its first compliance deadline on December 31. Photo: AP
China’s carbon trading exchange struggles with unclear policies as it eyes expansion, say analysts
- The ETS, which currently only allows power companies to trade carbon allowances, is poised to expand to allow financial institutions to participate
- Ambiguities in emissions data reporting, trading legislation and tax issues have created confusion and caused volatility in prices lately
The national emissions trading scheme (ETS) faces its first compliance deadline on December 31. Photo: AP