Chinese province reports 5.5-mln allowance surplus ahead of ETS compliance deadline
A Chinese province has announced its local coal-fired power plants have a surplus of millions of CO2 allowances ahead of this month’s ETS compliance, despite some being punished for failing to report emissions.
Read MoreChinese province weighs carbon restrictions for new industrial projects
One of China’s most energy intensive provinces is drafting regulations that would require industrial companies to slash existing emissions before they can develop new projects.
Read MoreCN Markets: China carbon stable even as compliance deadline nears
Prices in China’s carbon market barely budged over the past week, as there is still a lot of uncertainty even with just three weeks left for 2019 and 2020 compliance.
Read MoreChina’s environment ministry bars regional authorities from restricting offset sales
China’s environment ministry on Thursday moved to ban provincial and municipal authorities from interfering the national offset market, after one city recently tried to restrict carbon credits sales from projects within its jurisdiction.
Read MoreChina’s CO2 emissions fall slightly in Q3 as post-lockdown surge cools -analyst
China saw a minor fall in CO2 emissions in Q3 due to lower cement demand and record high coal prices, according to an analysis published Thursday.
Read MoreChina’s Fujian sees big drop in ETS emissions after power plant shift into national scheme
Companies in Fujian province’s emissions trading scheme have finalised their 2020 compliance process, with regulated emissions falling by 44% as power plants are now covered by the national market instead.
Read MoreChinese city withdraws offset sale limits, but market on edge
Regulators in a city in central China on Monday withdrew announced restrictions to carbon project development and sales, but only after a major pushback from stakeholders fearing further disruption to the nation’s offset market.
Read MoreCN Markets: CCERs see compliance demand boost as emitters aim to bank carbon allowances
Trading activity in China’s carbon market rose in the past week as an increasing amount of compliance entities chased offset credits in order to be able to hold on to their allowances for use in future years, though prices remained fairly stable.
Read MorePower generators dominate as analysts release first company-level list of major Chinese emitters
Analysts have compiled and released for the first time a list of CO2 emissions from 100 listed Chinese companies, dominated by a group of power companies each releasing hundreds of millions of tonnes into the atmosphere every year.
Read MoreChina announces $31-bln facility to support “clean” coal
China’s State Council has set up a 200-billion yuan ($31.4 bln) lending facility aimed at improving coal production and consumption efficiency.
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