State Council: The certification of dumping right in pilot area will be finished in next year
Recently, the State Council issued the “Guiding Opinions on Further Promoting the paid use to dumping right and emission trading pilot work,” and presented to finish the certification of the existing sewage units approved emission rights in pilot areas before the end of 2015. By the end of 2017, China will establish the basic compensation for the use and trading of emission rights system which provides an important means of solving environmental problems though market-based instruments. Meanwhile, China will better play the role of pollutant control systems and establish a price concept on environmental resources in the whole society.