CN Markets: CEA price rebounds to 100 yuan level, trading activity picks up
The Chinese emissions market saw more fluctuations over the past week, with the permit price climbing back to the 100 yuan ($14.26) level amid growing compliance demand.
Read MoreChina’s Chongqing introduces incentive mechanism for local ETS
China’s Chongqing has introduced an incentive mechanism to encourage companies regulated by the local emissions trading system to take more climate actions, as it released the 2023 allocation plan for the scheme.
Read MoreSouth Korea needs more proactive policies to drive down shipping emissions, NGO says
South Korea should implement more proactive measures, such as accelerating the shift towards greener fuels, to reach its emissions reduction targets for the shipping sector, an environmental group has urged.
Read MoreIndonesia, Japan seek to promote mutual recognition of carbon trade
Indonesia and Japan are seeking to finalise an agreement that promotes mutual recognition of bilateral carbon trade this month, a move believed to be aligned with the Paris Agreement Article 6, according to a government official.
Read MoreShanghai to auction off 2.8 mln carbon allowances under local scheme
The Shanghai government will auction off 2.8 million carbon allowances under the local emissions trading scheme a the end of this month to ensure regulated emitters can meet their compliance requirements.
Read MoreTaiwan sports good blue carbon potential, but more local datasets required, study says
Marine-based carbon sinks have a great potential to contribute to Taiwan’s climate targets, though more action is needed to establish carbon removal datasets, a study has found.
Read MoreCN Markets: CEA price rebound to 90 yuan level, trading volumes increase
Chinese carbon allowance prices saw a modest recovery over the past week after the national holidays, with trading activity continuing to pick up ahead of the compliance deadline.
Read MoreFood companies team up to cut emissions in dairy farming
A Japanese food maker has teamed up with a French food group to drive down emissions from dairy farming worldwide by promoting a special feed additive.
Read MoreTrading house sells first CORSIA-certified SAF in Japan
A Tokyo-listed trading house has teamed up with two international partners to make the first batch of sustainable aviation fuel certified by the UN’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) available for purchase in Japan.
Read MoreChina launches pilot programme for sustainable aviation fuels
China has launched a pilot programme for sustainable aviation fuel (SAF), with the first batch of flights carried by domestic airlines refuelled with green fuels this month, the country’s aviation regulator announced Thursday.
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