Rate-based cap risks undercutting China ETS, analysts say
China risks failing to cut emissions through its national emissions trading scheme if it opts for rate-based CO2 caps based on production levels, according to an academic paper.
Read MoreChina finalises registry for national ETS, though other work remains
China has finalised the registry for its national emissions trading scheme, taking one of several crucial steps necessary to launch the market.
Read MoreChina ETS emissions accounting improves, study finds
Chinese companies covered by regional pilot emissions trading schemes submit more correct CO2 data over time, a study has found, adding some hope that the national cap-and-trade programme can operate with credible data.
Read MoreData call shows China sticking to plans to include eight industries in ETS
China’s Ministry of Ecology and Environment on Friday ordered emitters in eight major industries to report their 2018 carbon emissions in preparation for the national emissions trading scheme.
Read MoreChina air pollution permit trade worth $2.8 bln but national launch far off
China’s air pollution permit trade across almost 30 pilot schemes has hit an aggregate value of 19 billion yuan ($2.8 billion), but most of the markets face substantial challenges and a nationwide programme is not on the horizon, according to the country’s finance ministry.
Read MoreGlobal CO2 trading volume spikes 45% in 2018, value soars 250% amid reforms -analysts
Global traded carbon volumes rose 45% in 2018 to a five-year high of 9.1 billion tonnes as the dominant EU ETS market notched stellar price gains, Refinitiv analysts said in an annual market review on Tuesday.
Read MoreFormer EU carbon trader to head up Engie’s Greater China emissions, power desk
A former carbon trader at PetroChina’s London desk has joined Engie as head of carbon and power trading in the Greater China region.
Read MoreCOP24: China seen on track for ETS launch in late 2020
Government officials are saying little about the possible start date for China’s national emissions trading schemes after two previous delays, but a number of experts familiar with the latest developments say late 2020 remains the likely launch date for the world’s biggest carbon market.
Read MoreChina builds forest carbon offset portfolio ahead of ETS launch
China has developed almost 100 forest carbon projects that will generate offset credits for the national emissions trading scheme, with a view to expanding the portfolio further, according to a government report.
Read MoreChina flaunts climate achievements, coy on toughening Paris target
China has already met two of its three climate commitments for 2020 and is in a good position to hit its 2030 goal under the Paris Agreement, officials said Monday, without committing to strengthening those targets.
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