Could China follow Australia on a carbon price floor?

China is preparing to launch its first ETS pilot programs and as it does, a price floor (and price ceiling) is firmly in the spotlight as the country looks to avoid the price fluctuations that have plagued Europe's scheme.

Price control mechanisms and tightly regulated markets are among the measures China is considering for its emissions trading schemes in a bid to avoid the price volatility and scandals that have hit Europe's $148-billion scheme.


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