Renewable energy, including solar power, makes up about 11 per cent of China’s energy consumption, with producers granted heavy subsidies. Photo: Xinhua

China to launch trading of green certificates for solar and wind power to cut subsidies on renewables

Pilot scheme from July 1 reflects fall in renewable energy production costs and aims to ease burden on state investment in sector

Topic |   Energy

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Renewable energy, including solar power, makes up about 11 per cent of China’s energy consumption, with producers granted heavy subsidies. Photo: Xinhua
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