China aims to boost renewable energy with ‘green certificates’

China plans to set up a market for renewable energy certificates to try to increase the use of cleaner energy as the world’s largest greenhouse gas producer tries to reduce its reliance on coal. Power suppliers will be able to trade “green certificates” that represent the proportion of non-hydro renewable energy that they generate, the country’s National Energy Administration said on Thursday in a statement on its website. China aims to increase the use of…

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China aims to boost renewable energy with ‘green certificates’

China plans to set up a market for renewable energy certificates to try to increase the use of cleaner energy as the world’s largest greenhouse gas producer tries to reduce its reliance on coal. Power suppliers will be able to trade “green certificates” that represent the proportion of non-hydro renewable energy that they generate, the country’s National Energy Administration said on Thursday in a statement on its website. China aims to increase the use of…

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