CN Markets: China CO2 Prices in Limbo as Uncertainties Linger Over Shift to National ETS

27 September 2016 – Prices in most of China’s seven pilot carbon markets are barely budging with limited trading activity as traders fear getting caught out by as-yet unpublished rules on how pilot market allowances will carry forward into the national ETS. The pilots usually go quiet in the first months after the annual June/July compliance deadlines, and this year has been no different with volumes taking a dive.