China to Lower ETS Threshold from 2020 – official

23 September 2016 – China plans to expand its national carbon market from 2020 by adding new sectors and lowering the threshold for inclusion, a government official said, a move that could bring several thousand new companies into the scheme. The threshold will be halved from 2020 to include companies that consume more than 5,000 tonnes of standard coal per year, equal to around 13,000 tonnes of CO2e, which would expand China’s cap-and-trade programme to become the world’s biggest, regulating around 3-4 million tonnes of CO2 each year from 7,000-8,000 companies.