15 March 2018. Beijing, PR China – Delegates from the Chinese National People’s Congress asked the government to speed up the implementation of the national emissions trading scheme. They furthermore proposed to merge it with the planned energy consumption trading system in order to reduce administrative costs for companies that have to comply with both. Four other delegates from Henan province submitted a proposal for an assessment of a possible inclusion of emissions reduction from agriculture as an offset mechanism in the ETS.
The Ordinance on Carbon Emissions Trading System Administrative Management is expected to be rolled out soon, awaiting review and approval by the national authority
During a regular press conference of the Ministry of Ecology and Environment (MEE) in September, Mr. BIE Tao, Deputy Director of the Department of Laws,