Ministry reprimands four CO2 inspectors over fraud

China’s environmental authority has reprimanded four companies for allegedly forging corporate CO2 reports. The data verification agencies had manipulated reports and falsified testing and emissions data, business portal Caixin reported. These agencies play an important role in China’s efforts to reduce greenhouse gasses by measuring and verifying companies’ CO2 emissions. This information is, in turn, important for China’s emissions trading and green finance sectors.