Under criticism from analysts: China's emissions fails to set a CO₂ price

Table Media has released an in-depth examination of China's Emissions Trading System (ETS), which has seen increased enforcement by the Chinese federal government. adelphi expert Zhibin Chen explains the significant enhancements in the regulations by the Chinese State Council, providing them with more authority than those previously established by the Ministry of Ecology and Environment. Despite these advancements, there's a call for more rigorous regulatory oversight and intensified efforts from authorities to fully eliminate the risk of data fraud.