ETS Pilots Started Allocating 2016 Allowances

30 June 2016 – Recently, Shenzhen and Tianjin have allocated the GHG emissions allowances  to companies for 2016.  Additionally Shanghai has suspended trade in Phase 1 allowances from July 1st, the allowance’s allocation for year 2016 will start soon. Since 2016, Shanghai will only allocate allowances annually.