China Green Bulletin: Beijing Promotes Green Transportation
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Under a pilot program launched last year, China’s power generators are permitted to sell wind- and solar-generated electricity directly to certain types of end-users. Those end-users, in turn, can offset their carbon footprint through the purchase. But the system has at times suffered from opaque pricing, obstacles to interregional trading, and confusion about the corresponding mechanism for obtaining carbon credits. Read more here for how local and national interests clash in China’s new green power market.
Caixin Insight, the research arm of Caixin Global, is a strategic advisory helping clients assess policy risk and macroeconomics in China.
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