China’s carbon trading market will see further expansion and an increase in prices in 2022, analysts predict. Photo: Reuters
China’s carbon trading market will see further expansion and an increase in prices in 2022, analysts predict. Photo: Reuters

China’s emissions trading market likely to see expansion, rising carbon price in 2022, say analysts

  • The carbon price in the emissions trading scheme (ETS) could reach 65 yuan per tonne this year, up from 54.22 yuan at the end of 2021, Refinitiv forecasts
  • However, the scheme - which has just concluded its first compliance period - could still do with some tweaks, they said

Topic |   Business of climate change
China’s carbon trading market will see further expansion and an increase in prices in 2022, analysts predict. Photo: Reuters
China’s carbon trading market will see further expansion and an increase in prices in 2022, analysts predict. Photo: Reuters
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