Beijing tightens ETS cap in new allocation plan
The Beijing municipal government has tightened CO2 limits in its emissions trading scheme, keeping the overall cap at similar levels as before while adding several hundred new companies.
Read MoreCN Markets: Pilot market data for week ending Nov. 18, 2016
Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.
Read MoreCN Markets: Shanghai ETS sees record bids as market reopens
A record 910,000 allowances traded in the Shanghai CO2 market on Friday as it reopened after having been closed since July 1, with prices pegged at 10.72 yuan, exchange data showed.
Read MoreChina’s Fujian readies allocation plan ahead of December ETS launch
China’s Fujian province will hand out up to 200 million allowances to emitters ahead of next month’s launch of the nation’s eighth pilot ETS, with rules strongly favouring forestry offsets.
Read MoreShanghai lowers emissions cap, plans CO2 auctions
The Shanghai municipal government on Wednesday released the 2016 allocation plan for its emissions trading scheme, reducing the annual cap despite increasing the number of market participants by over 50%.
Read MoreShanghai to reopen carbon trade on Nov. 18
The Shanghai emissions trading market will reopen on Friday Nov. 18, the local carbon exchange announced Tuesday.
Read MoreGuangdong opens up carbon market to draw liquidity
China’s Guangdong province on Monday allowed funds to open trading accounts on its carbon exchange and raised the maximum limit on investors’ holdings of CO2 allowances in a bid to draw more liquidity to its emissions trading market.
Read MoreFewer than 1 in 10 permits allocated under China ETS expected to be traded in early years -official
China expects its national carbon market to attract annual trading volume of up to 500 million tonnes for its first three years, equivalent to less than 10% of the allowances likely to be freely allocated, a senior climate official said Thursday.
Read MoreCN Markets: Pilot market data for week ending Nov 11, 2016
Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.
Read MoreChinese aggregator offers loans for discounted CO2 allowances
Chinese carbon aggregator GreenTech is offering hard-to-get loans to emitters in exchange for Guangdong CO2 permits priced below market value.
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