Chinese province eyes international blue carbon market with new exchange
A Chinese province has decided to move forward with a carbon trading exchange that it hopes will capture the emerging market for so-called blue carbon credits amid heightened activity both domestically and abroad.
Read MoreCN Markets: Volumes rise on large OTC deal, but frustrations linger for Chinese carbon traders
A sizable OTC block trade helped trading volume in China’s national ETS after the recent lull, though the market remains frustrated amid the continuing lack of regulatory progress.
Read MoreChina sees 4.3% rise in thermal power generation as economy outperforms expectations in Jan-Feb
Thermal power generation in China rose 4.3% year-on-year in the first two months of 2022 as the economy performed better than expected over the period, official data showed Tuesday.
Read MoreConcerns grow that China might not restart offset programme this year
With no news still of when China’s national offset programme might restart, it is becoming increasingly likely that this might not happen until 2023 due to the number of issues that need to be resolved, one analyst has claimed.
Read MoreShenzhen to consolidate allowance vintages in ETS
Shenzhen has begun the process of consolidating all carbon allowance vintages in its emissions trading scheme into a single contract, a move likely to boost market liquidity and eliminate market manipulation.
Read MoreChina vows to root out fake ETS data
Chinese regulators on Monday named verifiers guilty of faking data under the national emissions trading scheme, and pledged to take action to ensure similar cheating will not take place in the future.
Read MoreCN Markets: Trading grinds to a halt in China ETS as policy signals weigh on sentiment
Traded volumes in China’s national emissions trading scheme fell to near zero this week as the government’s messaging on pro-growth policies eroded confidence that regulators will support a market already suffering from regulatory indigestion.
Read MoreChina softens energy control measures in pursuit of economic growth
China has eased its tone on energy control efforts in this weekend’s annual government work report, focusing instead on achieving its GDP growth targets.
Read MoreCN Markets: China sees spike in volumes as late-comers finish compliance
Volumes spiked in China’s emissions market over the past week as a number of emitters carried out OTC deals to belatedly finalise their 2019 and 2020 compliance, but price levels remained largely unmoved.
Read MoreCLARIFICATION – Chinese province slams brakes on forestry offset projects for the international voluntary market with partial ban
One of China’s provinces has said it will not approve carbon forest projects for the international voluntary market this year, sparking concerns among developers that the same policy will spread to other regions.
Read More