On August 3rd, 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).

8月3日，中国出台了一项引人注目的绿色证书新政策。我们的制作人候安德先生正好在政策出台前的7月发布了有关中国绿证的报告（请下滑查看报告）。在这个特殊时机，我们将在最新一期播客中探讨“新版”的绿证政策、绿证制度发展历程，以及绿证现阶段面临的问题。

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. In this episode, we ask the following questions:

“新版”的绿证将实现对风，光，水，生物志能等可再生能源的“全覆盖”——这包括风电（含分散式风电和海上风电）、太阳能发电（含分布式光伏发电和光热发电）、常规水电、生物质发电、地热能发电，以及海洋能发电等，尽管只有部分项目可以进行交易。新政也改革了绿证的定价方式，并禁止国内发电商出售国际可再生能源证书，以防重复计算。本期播客中，我们向Anders提出以下几个问题，欢迎大家收听：

1. Thoughts on the new policy on Green Certificates

2. The new policy states that Green Certificates will only be allowed to be traded once, “for now.” What do you make of that, and how does it compare to other markets?

3. What does the new policy say about the competition between the new Green Certificates and International Renewable Energy Certificates (I-RECs)?

4. Policy-wise, what are some issues you have identified in your paper that still remain to be addressed in future policies?

5. What is the long-term future of Green Certificates?

6. How would you compare what’s going on in China to Europe and the U.S.? Are those systems evolving now that a higher proportion of renewable energy is coming online?

「环境中国」是北京能源网络在2017年成立的中英双语播客栏目，至今已发布133集。在每一期节目中，我们将邀请到中外环境和能源领域的研究学者、创新创业者以及行业专家与大家分享他们的独到见解和经历。您可在环境中国官网、BEN公众号、以及谷歌/苹果/Spotify播客收听到我们的节目。

本集播客制作人：Xiaodan Yuan, Anders Hove