Nanshan Dist. in Shenzhen Ewards Emitters w Surplus CO2 Permits

4 July 2016 – Nanshan District in Shenzhen will reward emitters that have surplus CO2 allowances after the annual ETS compliance deadline in a bid to encourage firms to release less carbon into the atmosphere. Any company with more than 30,000 tCO2 of surplus allowances will get 300,000 RMB; with more than 10,000 tCO2 will get  200,000 RMB; and with 1,000 tCO2 will get 100,000 RMB.