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EU firms voice concerns over China ETS

Published 11:36 on September 19, 2017  /  Last updated at 11:36 on September 19, 2017  /  China, China's National ETS, China's Pilot Markets, EMEA, EU ETS  /  No Comments

The EU Chamber of Commerce in China on Tuesday raised a number of concerns regarding issues it said might prevent China’s national emissions trading scheme from working properly.

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China’s ETS set to cover 70% of oil industry’s carbon emissions

Published 11:04 on September 19, 2017  /  Last updated at 11:04 on September 19, 2017  /  China, China's National ETS  /  No Comments

China’s national emissions trading scheme is set to regulate around 70% of CO2 emissions from the nation’s rapidly expanding oil sector, according to an industry association.

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China ETS needs more auctioning, longer allocation periods -experts

Published 16:25 on September 18, 2017  /  Last updated at 16:25 on September 18, 2017  /  China, China's National ETS, China's Pilot Markets  /  No Comments

China should auction a bigger share of CO2 permits to avoid over-allocation and opt for longer allocation periods to provide certainty for market participants, a group of experts said Monday.

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China govt agency eyes ETS for forestry carbon goal

Published 14:54 on September 18, 2017  /  Last updated at 16:17 on September 18, 2017  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

China should use its national emissions trading scheme to fund forestry projects and help meet its LULUCF targets under the Paris Agreement, the State Forestry Administration (SFA) said.

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More confusion as EU, US make conflicting statements about Trump’s Paris withdrawal

Published 11:22 on September 17, 2017  /  Last updated at 11:37 on September 19, 2017  /  Americas, Canada, China, Climate Talks, EMEA, International, US  /  No Comments

There was more policy confusion surrounding the US position on the Paris Agreement this weekend after claims from government officials that the country would remain in the 2015 climate pact were refuted by White House spokespeople and members of Trump’s cabinet.

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CN Markets: Pilot market data for week ending Sep 15, 2017

Published 22:46 on September 15, 2017  /  Last updated at 22:46 on September 15, 2017  /  China, China's Pilot Markets  /  No Comments

Below is a table of the closing prices, ranges and volumes for China’s regional pilot carbon markets this week. All prices are in RMB, and volumes in tonnes of CO2e. Data sourced from local exchanges.

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UN launches tender to buy 170k CERs

Published 17:56 on September 15, 2017  /  Last updated at 17:56 on September 15, 2017  /  Africa, Americas, Asia Pacific, China, EMEA, International, Kyoto Mechanisms, South & Central  /  No Comments

The UN has launched a tender to buy a total 170,200 CERs, including those from projects in LDCs, Argentina and Colombia, as well as from initiatives with co-benefits for women.

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China’s Jiangsu to tackle CO2 data through cloud system

Published 16:51 on September 13, 2017  /  Last updated at 23:17 on September 13, 2017  /  China, China's National ETS  /  No Comments

The government of China’s Jiangsu province has awarded a Hong Kong-listed tech firm a contract to build a cloud computing system that will monitor CO2 emissions from 150 of its biggest companies.

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EU Parliament votes to put CORSIA aviation offset scheme under closer watch

Published 12:04 on September 13, 2017  /  Last updated at 12:04 on September 13, 2017  /  Americas, Asia Pacific, Aviation, China, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Switzerland, US  /  No Comments

The European Parliament on Wednesday voted to extend the suspension of extra-European flights from the EU ETS, but called for a review of the UN’s CORSIA scheme that could see those routes become regulated under the bloc’s carbon market again in the future.

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BRICS seen backtracking on Paris commitments as responses emerge to Trump pull-out

Published 10:45 on September 13, 2017  /  Last updated at 23:16 on September 13, 2017  /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, US  /  No Comments

BRICS nations are showing signs of wanting to delay their commitments under the Paris Agreement, a former US climate negotiator said Wednesday, sparking concerns that the biggest developing countries could be backtracking on their pledges in response to the US pulling out of the 2015 pact.

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