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China's emissions trading: no impact on the climate

China's emissions trading still has numerous flaws and is no effective climate action instrument. Now the government aims to improve the data collection of corporate emissions. A hard emissions cap and an expansion of emissions trading are not expected before the end of the 2020s.

By Nico Beckert

What do the flaws of China's ETS mean for Europe?

The low efficiency of China's emissions trading impacts Europe's trade policy. By the time the European Carbon Border Adjustment Mechanism (CBAM) is in effect, at the latest, the EU Commission will have to assess the Chinese instrument to define the climate tariff. This is where the poor data situation will become a problem.

By Lukas Knigge