Guangdong to Issue 34 mln Carbon Permits to Airlines and Paper Firms

06 January 2017 – Guangdong will issue a total of 34 million carbon permits to paper manufacturers and airlines to cover their 2016 emissions, expanding free allocation in China’s biggest carbon market by almost 10% and aligning the pilot program’s coverage with the sectors due to be regulated under the national scheme. The main allocation method is benchmarking.