Latest

In blow to developers, China confirms freeze to carbon offset pipeline

Published 13:08 on March 17, 2017  /  Last updated at 13:08 on March 17, 2017  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

China has halted the processing of its offset pipeline, regulators said this week, confirming what many developers had suspected while addressing the uncertainty that has both plagued the market over the past few months and created a bottleneck of hundreds of carbon-cutting projects.

Read More
Latest

CN Markets: Pilot market data for week ending Mar 17, 2017

Published 11:45 on March 17, 2017  /  Last updated at 11:45 on March 17, 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.

Read More
Latest

China accredits two more carbon credit verifiers

Published 15:51 on March 16, 2017  /  Last updated at 15:51 on March 16, 2017  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

China has awarded accreditation to two more verifiers of carbon-cutting projects, market regulators said Thursday, in a bid to further enhance the quality of Chinese offsets generated from domestic initiatives.

Read More
Latest

China’s Guangdong to hold auction on Mar. 27

Published 16:05 on March 15, 2017  /  Last updated at 17:10 on March 15, 2017  /  China, China's Pilot Markets  /  No Comments

Guangdong plans to auction half a million carbon permits on Mar. 27, equal to the amount supplied in its previous two quarterly auctions, according to Guangdong’s carbon exchange.

Read More
Latest

China aims for single CO2 trade system to ensure equal price

Published 09:57 on March 15, 2017  /  Last updated at 03:03 on March 16, 2017  /  China, China's National ETS  /  No Comments

The National Development and Reform Commission has asked the exchanges operating China’s pilot carbon markets to submit proposals for setting up a unified emissions trading system across China that would ensure the national CO2 price is the same regardless of which platform permits trade on.

Read More
Latest

China ETS to cover 100k companies after 2020, ex-oil boss says

Published 08:45 on March 13, 2017  /  Last updated at 10:33 on March 13, 2017  /  China, China's National ETS  /  No Comments

China’s plan to expand its national emissions trading scheme will bring some 100,000 firms into the market while smaller emitters will pay a carbon tax, according to Zhou Jiping, former chairman of the China National Petroleum Corporation and member of a parliamentary advisory body.

Read More
Latest

CN Markets: Pilot market data for week ending Mar. 10, 2017

Published 17:10 on March 10, 2017  /  Last updated at 17:14 on March 10, 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.

Read More
Latest

Shanghai pledges CO2 peak around 2025

Published 09:19 on March 9, 2017  /  Last updated at 15:28 on March 9, 2017  /  China, China's National ETS, China's Pilot Markets  /  No Comments

China’s financial centre Shanghai, eager to keep its local emissions trading scheme alive beyond this year, has vowed to peak its CO2 output around 2025 and eventually decarbonise its industry by investing in green technologies, the municipal government said.

Read More
Latest

Chinese lawmaker pushes mandatory CO2 publication for ETS companies

Published 12:11 on March 8, 2017  /  Last updated at 16:43 on March 8, 2017  /  China, China's National ETS, China's Pilot Markets  /  No Comments

Companies due to be brought into China’s national emissions trading scheme should be obligated to publish their annual CO2 emissions data and how many allowances they are holding, a lawmaker said Wednesday.

Read More
Latest

China eyes 4% carbon intensity cut in 2017

Published 09:25 on March 6, 2017  /  Last updated at 13:18 on March 6, 2017  /  China, China's National ETS  /  No Comments

China will aim to cut the carbon intensity of its economy by 4% this year, the government said Sunday, a target that will likely guide the allocation of CO2 permits in the first year of its emissions trading scheme.

Read More