Breaking: Analysis of China's August Green Certificate Policy - with Anders Hove

Breaking: Analysis of China's August Green Certificate Policy - with Anders Hove

Author: Beijing Energy Network August 15, 2023 Duration: 29:26

Last week, China came out with a dramatic new policy on green certificates, radically reforming what had been a sleepy aspect of the clean energy transition in China. We don't usually do breaking news here on Environment China, but it happens that our co-producer, Anders Hove, has just published a paper on the topic as well as a short reaction article to the new policy. (Links below.)

The new green certificate policy, issued by the National Development and Reform Commission, Ministry of Finance, and National Energy Administration, expands China's domestic renewable energy certificate scheme from onshore wind and solar to all types of renewables. The expansion means that all renewable projects will now be able to generate Green Electricity Certificates, or GECs, though only some will be traded. The policy reforms how GECs are priced and it also bans domestic generators from selling international renewable energy certificates to prevent double counting. 

Further reading:

Anders Hove and Gary Sipeng Xie, "Green certificates with Chinese characteristics: Will green certificates help China's
clean energy transition?" Oxford Institute for Energy Studies, 8 August 2023, at https://a9w7k6q9.stackpathcdn.com/wpcms/wp-content/uploads/2023/08/CE9-Green-certificates-with-Chinese-characteristics.pdf.

Anders Hove, "After China's new green certificate policy, major questions remain," Oxford Institute for Energy Studies (LinkedIn article), 11 August 2023, at https://www.linkedin.com/pulse/after-chinas-new-green-certificate%3FtrackingId=ZOupiyoVR1GeYGktG%252BCJjw%253D%253D/?trackingId=ZOupiyoVR1GeYGktG%2BCJjw%3D%3D. 


Produced by the Beijing Energy Network, Environment China is a bilingual podcast that delves into the complex and vital stories shaping China's ecological landscape. Rather than offering broad pronouncements, it focuses on grounded conversations with the people on the front lines: the advocates campaigning for change, the entrepreneurs building sustainable solutions, and the researchers providing crucial data. Each episode explores the intersection of society, culture, and science, revealing how environmental policy and daily life are intertwined. You'll hear specific discussions about conservation efforts, green technology, urban design, and community initiatives, all framed within the unique context of modern China. This podcast provides a necessary platform for these nuanced voices, translating complex issues into accessible dialogue. It’s an essential listen for anyone seeking to move beyond headlines and understand the real-world work being done to address environmental challenges. By listening to Environment China, you gain insight into the multifaceted movement towards sustainability, one conversation at a time.
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