Compare ETS
Use this function to compare the design elements and characteristics of up to three ETSs from around the world.
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![Three chimneys and a mountain rise out of the clouds.](/system/files/styles/adelphi_icap_header_hero_xs_1x/private/image/venti-views-h2yipczcbaq-unsplash.jpeg?h=705e3e27&itok=WU2m6HLI)
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Official name of scheme
China - Shenzhen pilot ETS
ETS Status
in force
Jurisdictions
Shenzhen
Start of operation (year)
2013
Sectoral coverage
Transport
Buildings
Industry
Allocation
Free allocation (Grandparenting; Benchmarking) and Auctioning
Offsets and credits
Domestic (national and provincial)
Cap
28 MtCO2 (2023)
GHGs covered
CO2 only
Average secondary market price
CNY 46.37 (USD 6.55)
Total revenue since beginning
~CNY 27.9 million (USD 3.9 million)