Chinese emissions market will take time to settle
17 January 2017
An uncertain start date and a lack of clarity on critical rules in China’s new national emissions market may hamper trading when it starts operations, analysts have said.
"There might not be an active market and a liquid carbon price this year," Jeff Swartz, managing director at the International Emissions Trading Association, a carbon market lobby group, told Interfax Natural Gas Daily. "Companies might receive allowances this year, and the timeline for compliance will start this year, but does that mean we’ll see a frenetic pace of trading on the first day? We need to be realistic," he added.
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