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CN Markets: Guangdong sees sharp drop in CO2 prices as investors build positions

Published 11:56 on February 9, 2017  /  Last updated at 17:17 on February 9, 2017  /  China, China's Offset Market, China's Pilot Markets  /  No Comments

Prices in the Guangdong emissions trading scheme have fallen by the maximum 10% for three days this week, followed by a further 8% dip on Thursday in what traders say is a move by some institutional investors aiming to build market positions at lower price levels.

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China’s newest carbon market plans slew of financial products

Published 11:48 on February 9, 2017  /  Last updated at 17:10 on February 9, 2017  /  China, China's Offset Market, China's Pilot Markets  /  No Comments

Government officials in Fujian province, home of China’s newest pilot emissions trading scheme, are planning to introduce a host of financial products to underpin a scaling-up of the market to cover the whole economy by 2020.

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Analysts predict further slowdown in China offset issuance

Published 11:40 on February 9, 2017  /  Last updated at 11:40 on February 9, 2017  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

Chinese carbon offset issuances are likely to slow further in the next few months, which could push up CO2 prices in some of the pilot emissions trading schemes, analysts ICIS-Tschach Solutions said.

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Shanghai exchange to resume CCER trading on Feb. 8

Published 10:35 on February 6, 2017  /  Last updated at 10:35 on February 6, 2017  /  China, China's Offset Market  /  No Comments

The Shanghai Energy and Environment Exchange will resume trading in carbon offsets on Feb. 8 after a six-month absence, it announced Monday.

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Bilateral deals offer huge CO2 price discounts in China’s pilot markets

Published 11:03 on February 3, 2017  /  Last updated at 00:03 on February 4, 2017  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

Companies with the ability to do large bilateral bulk deals can purchase CO2 allowances at huge discounts compared to on-screen trading in some of China’s pilot emissions trading schemes, a carbon trading firm said Friday.

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Beijing carbon market sees 130% growth in volume, report shows

Published 09:27 on January 24, 2017  /  Last updated at 15:07 on January 24, 2017  /  China, China's Offset Market, China's Pilot Markets  /  No Comments

Trading volume in Beijing’s pilot carbon market grew by 130% in 2016, with a group of nine institutional investors accounting for a third of all the volume, according to newly released data.

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Global CO2 trade volume down 4% in 2016, value plummets 31% -analysts

Published 19:48 on January 11, 2017  /  Last updated at 19:48 on January 11, 2017  /  Americas, Asia Pacific, Canada, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Zealand, South Korea, US  /  No Comments

Global traded carbon volumes dipped 4% in 2016 to 6.0 billion tonnes of CO2e while the overall value of the markets fell 31% to €34 billion ($35.8 billion) as prices plunged in the large European market, Thomson Reuters Commodities said in its annual market review.

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Guangdong tightens offset eligibility, rules out projects from pilot regions

Published 15:14 on January 9, 2017  /  Last updated at 22:15 on January 9, 2017  /  Asia Pacific, China, China's Offset Market, China's Pilot Markets  /  No Comments

China’s Guangdong province on Monday ruled out the use of carbon offsets from other pilot carbon trading regions in a bid to protect its market from credits flowing through out-of-province CO2 exchanges to local emitters.

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Guangdong’s 2nd 2016 auction oversubscribed, settles above price floor

Published 08:58 on January 4, 2017  /  Last updated at 23:09 on January 4, 2017  /  China, China's Offset Market, China's Pilot Markets  /  No Comments

Guangdong’s second quarterly carbon auction of the 2016 trading year settled at 15 yuan ($2.16) on Wednesday, with the 500,000 allowances on offer nearly four times oversubscribed as investors scrambled for fresh supply.

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China’s Sichuan province launches voluntary carbon trading

Published 03:55 on December 16, 2016  /  Last updated at 17:42 on December 16, 2016  /  China, China's National ETS, China's Offset Market, Voluntary Market  /  No Comments

The Sichuan United Environment Exchange in China on Friday launched voluntary trade in carbon offsets, with deals for just over 360,000 credits announced on the opening day.

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