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11 Jul
18:05

China's MIIT to adjust carbon credit mechanism

China's Ministry of Industry and Information Technology recently released a proposal featuring several adjustment suggestions for the national carbon credit mechanism.  According to this proposal, the points for the standard models of new energy vehicle passenger cars during 2024-2025 will be lowered by about 40%, the NEV points assessment ratios will be set as 28% and 38%, and the calculation method of points and the upper limit have been adjusted accord…
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