China Releases Draft Revision of ETS Accounting Rules for Coal Power Plants -- OPIS

Dow Jones
May 21
 

China's Ministry of Ecology and Environment on Thursday released a consultation draft updating emissions accounting and verification rules for coal-fired power plants under the national emissions trading system, revising key calculation parameters and reporting requirements that will affect how emissions are measured and verified from the 2026 compliance year onward.

A key revision replaces the long-standing uniform 99% carbon oxidation rate assumption for coal combustion with differentiated default values based on boiler type and plant altitude, to address potential overestimation of emissions under the previous assumption.

The draft also removes the requirement for power plants to account for indirect emissions from purchased electricity, aligning the sector with other major ETS-covered industries.

In addition, emission factor data for oil and gas fuels will be sourced directly from the national greenhouse gas emission factor database, replacing previous reference materials used in reporting guidelines. The change standardizes data sources used in emissions calculations.

The consultation also introduces new disclosure requirements for low-carbon investment activities, requiring companies to report information on implemented emissions-reduction measures, as well as associated capital expenditure and operating costs.

The consultation runs until May 31, 2026.

 

This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal.

 

--Reporting by Lujia Wang, lwang@opisnet.com; Editing by Mei-Hwen Wong, mwong@opisnet.com

 

(END) Dow Jones Newswires

May 21, 2026 04:28 ET (08:28 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10