China’s cabinet reaffirms ETS plans, tightens grip on polluters
China State Council on Sunday released a raft of environmental policy orders, reaffirming its plans to establish a national emissions trading scheme by 2020 despite recent doubts, and giving environmental regulators more power.
Read MoreChina’s Guangdong sees near-100% ETS compliance, but declines to release emissions data
A single emitter in China’s biggest pilot emissions trading scheme failed to meet the annual compliance deadline, Guangdong regulators said Friday, again choosing to not disclose emissions data.
Read MoreChina’s biggest generators rack up huge coal-power losses
China’s five major state-owned power companies last year racked up combined losses of 13.2 billion yuan ($2.1 bln) from generating coal-fired electricity, a sign of the challenges facing the industry in the world’s biggest-polluting nation.
Read MoreChina offers glimmer of hope for carbon offset developers
China’s climate officials are eager to include offsets in the national emissions trading scheme as a means to fund forestry and renewable energy projects, according to a senior official, offering a glimmer of hope for beleaguered developers.
Read MoreNumber of EU ETS participants holding surplus drops by half -survey
The number of EU ETS-covered companies holding a surplus of allowances has more than halved over the past year, according to a worldwide survey by Thomson Reuters Point Carbon.
Read MoreShanghai pledges slower CO2 growth, coal consumption cuts
The Shanghai municipal government has set an absolute limit on CO2 emission growth for 2018 and reduced its annual coal consumption cap, while vowing to get local industry ready for the national emissions trading scheme.
Read MoreETS delay puts China’s fledgling carbon industry in chokehold, survey shows
The delay of China’s national emissions trading scheme is threatening to choke the nation’s fledgling carbon market industry as a majority of companies have put a freeze on new hires and some staffers have been forced to take a pay cut to keep their jobs, according to a new survey.
Read MoreChina sees 4% growth in emissions so far this year -report
China’s greenhouse gas emissions are up 4% year-on-year so far in 2018, according to an analysis by Greenpeace, with the growth largely fuelled by a government stimulus programme.
Read MoreChina to include environment and profitability in coal investment restrictions
China will for the first time include environmental capacity and economic return as factors in restricting new investment in coal-fired power generation, according to a leaked note from the National Energy Administration (NEA).
Read MoreFuture of global carbon markets rests on China success -survey
The future of emissions trading globally rests on whether China’s carbon market is deemed a success by the international community.
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