Fujian publishes Allocation Plan for 2019

23 December 2019 – The Fujian Provincial Department of Ecology and Environment issued the “Fujian Carbon Market Allowance Allocation Plan for 2019”. 246 enterprises from nine sectors, namely power, iron and steel, ceramic, petro-chemical, chemical, paper making, flat glasses, cement and civil aviation are covered by the system, slightly less than the 255 enterprises included in 2018. Each company will receive 70% of the free allocation based on the verified emissions from 2018 initially. The remaining allowances will be allocated later based on the actual emissions and production data of 2019.