China is preparing to expand its emissions trading scheme into more industrial sectors, including steelmaking. Photo: Reuters
China’s environment ministry slams firms for falsifying carbon data
- Charges include ‘tampering with and forging test reports’, ‘making false coal samples’, and ‘writing distorted and inaccurate conclusions’
- The country’s emissions trading scheme launched last year, but transparency and accuracy of data remain a big concern for Beijing and market participants
China is preparing to expand its emissions trading scheme into more industrial sectors, including steelmaking. Photo: Reuters
Corrected [5:19pm, 15 Mar, 2022]
- [5:19pm, 15 Mar, 2022]
An earlier version of this story misidentified Zhongtan Nengtou Tech Co. The story has also been amended to clarify the government charges applied to each company.
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