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Copyright
© Fujian Garry Zhuang / Unsplash
Official name of scheme
China - Fujian pilot ETS
ETS Status
in force
Jurisdictions
Fujian
Start of operation (year)
2016
Sectoral coverage
Domestic Aviation
Industry
Allocation
Free Allocation (Grandparenting; Benchmarking) and Auctioning
Offsets and credits
National and provincial
Cap
~132 MtCO2 (2021)
GHGs covered
CO2
Average secondary market price (2022)
Average secondary market price: CNY 22.74 (USD 3.37)
Total revenue since beginning
CNY 1.25 million (USD 185,460)