NDRC visits Guangzhou Emissions Exchange to set up an allowance auction system

04 January 2016 – On Dec 31, 2015, Mr. Jiang Zhaoli, Mr. Wang Shu and other officials from NDRC visited Guangzhou Emissions Exchange to set up an allowance auction system.

They discussed with officials from Guangdong DRC and local ETS experts the prospect of an allowance auction system in Guangdong’s ETS pilot and the progress of the funded research project for price bidding mechanism of emission allowances in China.

Mr. Jiang Zhaoli said Guangdong’s experience and lessons learnt, as well as results of the research project would provide  useful references for the design of the national ETS in China.

Source: www.cnemission.com