| Scheme designed to cap energy consumption by allocating quotas to companies. China is planning to use a pilot programme for energy trading between companies next year as it seeks to curb carbon emissions by forcing companies to use energy more efficiently.
The pilot programme will allocate energy consumption quotas to companies, who will have to pay if they exceed the limit. It will be introduced in four provinces initially: Zhejiang, Fujian, Henan and Sichuan, and pending a review in 2020 then be rolled out nationally.............................................Full Article: Source
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