China’s carbon trading regulations released
China’s top administrative body, the State Council, has issued regulations to manage its emissions trading system (ETS). They include much stricter sanctions for companies that fraudulently understate their emissions. Published by the State Council on 4 February, they are the first administrative regulations for the national ETS, and will be implemented from 1 May, reports financial media site 36Kr. Titled “Interim Regulations on the Management of Carbon Emissions Trading”, they […]