The European Chamber is pleased to invite you to the next urbanisation series event on emissions trading scheme (ETS). It will take place at the European Chamber Shanghai on Friday, 15 November, 8:30am-10:30am, with registrations beginning at 8am.

Following approval of the pilot ETS by the National Development and Reform Commission in November 2011 to be rolled out in seven locations across China - Beijing, Shanghai, Shenzhen, Tianjin, Chongqing, Guangdong and Hubei -, Shenzhen has launched its pilot ETS and unveiled the scheme’s operating details in June 2013, marking China’s first attempt to cut emissions based on market mechanisms. Additional schemes will be rolled out by the end of 2013, with the trial covering 864 million tonnes of carbon dioxide by 2015, around 7 per cent of the country’s total carbon emissions. Shanghai is expected to implement its scheme in the fourth quarter of 2013.

In preparation of Shanghai’s pilot ETS launch, we would like to welcome Ms. Wu Wen Sheng, Manager, Environmental Protection, BASF, and Mr. Edward Shei, Senior Consultant, Future Perfect, to this event to provide an update on Shanghai ETS developments, discuss the Shenzhen ETS as well as compare China’s ETS scheme with its carbon tax policies.

Tentative Agenda
08:00-08:30 - registration
08:30-08:40 - welcome remarks, Mr. Henry Hu, Chair, Energy Working Group
08:40-09:10 - Progress on Shanghai ETS and Shenzhen ETS Market Development, Ms. Wu Wen Sheng, Manager, Environmental Protection, BASF
09:10-09:40 - Comparison between China ETS and Carbon Tax, Mr. Edward Shei, Senior Consultant, Future Perfect
09:40-10:30 - roundtable discussion

Registration
Please register on this website (above) or contact Ms. Zhao Yang at yangzhao@europeanchamber.com.cn / (21) 6385 2023, stating your name and company, by Thursday, 14 November COB.

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