ETS could cut 30-60% of China’s emissions over time, report finds
China’s national emissions trading scheme could drive reductions of 30-60% of the nation’s current CO2 output by 2060, though is unlikely to have much impact in the near term, according to a report released Tuesday.
Read MoreChina’s thermal power output rises 12.7% in July, though emissions growth tipped to slow in H2
China’s thermal power generation rose 12.7% last month compared to July 2020, the highest year-on-year growth rate since March, according to government data, but analysts say emissions output might slow in the second half as economic growth is projected to soften.
Read MoreChina tames rapid emissions growth, but mixed signals for ETS sectors -analyst
China’s CO2 emissions grew 1% year-on-year in Q2, a sharp downturn from the explosive 15% YoY growth in Q1, according to analysis released Friday, but question marks linger for the sectors destined to be brought into the national emissions trading scheme.
Read MoreCN Markets: CEAs stable, but activity in China’s ETS grinds to a halt as registry issue lingers
Chinese Carbon Emissions Allowances (CEAs) inched up this week, but trading volume fell to near zero as the vast majority of market participants still have no access to their accounts.
Read MoreChina’s green bond market more than doubles in H1
Chinese investments in green bonds more than doubled in the first half of 2021 compared to the same period last year, a report said this week, with clean energy and transport the main beneficiaries.
Read MoreBeijing issues tenders for building national offset trading system
The Beijing environment exchange has launched tenders for the construction of a registry and trading system for the national offset market, bringing the restart of the Chinese Certified Emissions Reduction (CCER) programme a step closer, though the exact launch date remains unclear.
Read MoreCN Markets: CEA liquidity dries up, as speculators lend support to offset prices
Chinese Carbon Emissions Allowance (CEA) units closed a notch higher on Thursday compared to a week earlier although trading volumes fell by more than 80% over the week as access to the registry remains open to only a dozen or so entities.
Read MoreSichuan govt backs massive scale-up of voluntary forest carbon projects
China’s Sichuan province aims to increase its forest and grassland coverage to 2 million hectares by 2025 by generating carbon offsets for voluntary buyers at home and abroad, according to an action plan published this week.
Read MorePower company to set up voluntary carbon platform for China’s Northeast
A power company in China’s northeastern Jilin province has teamed up with the Shanghai Environment and Energy Exchange to build a regional carbon trading platform for voluntary offsets, potentially including locally generated Gold Standard and VCS units.
Read MoreCN Markets: Price, volume slip as China’s carbon market stifled by access restrictions
The Chinese Carbon Emissions Allowance (CEA) price edged down this week as liquidity thinned further, a trend market participants said may continue until more companies are given market access.
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