(Beijing) — China will launch the trading of green certificates, electronic warranties proving electricity has been generated from renewable energy, in the second half of this year, the government has said.
The launch of the system, which has been under consideration for more than 10 years, comes as authorities look for ways to alleviate a growing waste of wind and solar power, and to reduce pressure on the government to meet increasing demand for subsidies for renewable energy suppliers.
(Source:Caixin)