China central govt assigns responsibilities for executing ETS launch
China’s central government on Wednesday assigned tasks to specific government organisations in relation to launching the ETS and other climate policies, a move designed to speed up the execution of the programmes.
Read MoreCN Markets: Guangdong sees 100% compliance record for third straight year
All 244 companies covered by the Guangdong emissions trading scheme surrendered enough permits to cover their 2016 emissions, meeting Tuesday’s compliance deadline, the provincial government said.
Read MoreANALYSIS: Policy tangles enveloping China’s environmental markets
China’s launch of a new green certificate scheme and a raft of other planned environmental markets risk diluting the value of carbon offsets so long as the government stays silent on how these policies will be coordinated.
Read MoreOfficial stresses need for stable China ETS while issuing warning to speculators
China will make sure its national emissions trading scheme starts in a stable manner, a senior government official said Friday, declining to offer any further information on the market’s rules or start date but sending a warning to speculators.
Read MoreProductivity Commission urges HK govt to chase carbon trading benefits, own market or not
The Hong Kong government should consider whether to set up its own emissions trading scheme or join mainland China’s market, according to a report by the HK Productivity Commission, which said that regardless, the financial centre should seek out the benefits of positioning itself as a hub for CO2 trading.
Read MoreCARBON FORWARD 2017: Draft programme released
We’re excited to release the draft programme for this year’s Carbon Forward 2017 conference and training day.
Read MoreNGO warns of offset credibility threat to China’s carbon market
As many as 52.7 million offsets potentially issued every year in China are of dubious quality and could threaten the integrity of the nation’s fledgling emissions market if they are allowed in the national ETS, environmental campaigners warned on Friday.
Read MoreChina’s carbon exchanges jockey for influence in non-pilot regions
China’s emissions exchanges are expanding into new regions following a drop in liquidity due to the uncertainty surrounding the national ETS, a move that could close cross-provincial trading gaps.
Read MoreIETA members expect UK exit from EU ETS, but spread of global emissions markets -survey
Six out of 10 respondents in the International Emissions Trading Association’s market sentiment survey expect the UK to drop out of the EU ETS, but most are optimistic that new markets will emerge globally driven by China and the aviation sector.
Read MoreValue of world’s carbon pricing schemes edges up year-on-year while govt revenues drop -report
The combined value of the world’s carbon markets and CO2 tax regimes rose by 7% in 2017, with eight new pricing initiatives helping to nearly double the total number over the past five years, but government revenues have dropped by some 15%, according to a new report published Tuesday.
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