Shanghai sells less than a sixth of CO2 permits on offer in auction
Emitters in Shanghai’s carbon market on Tuesday bought fewer than a sixth of the 2 million allowances on sale in 2018’s only auction in the regional scheme, with the permits clearing at the government-set price floor.
Read MoreCN Markets: Pilot market data for week ending Jul. 27, 2018
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 MoreChina’s Guangdong keeps ETS emission cap level amid national market limbo
China’s biggest provincial pilot emissions trading scheme released its 2018 allocation plan on Thursday, keeping CO2 caps at last year’s levels as the central government has urged stability in the regional markets.
Read MoreCN Markets: Pilot market data for week ending Jul. 20, 2018
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 MoreChina to open power market to major polluting industries
Four of China’s biggest industries will join the nation’s burgeoning power market, allowing them to negotiate prices bilaterally as part of the government’s market reform in a process deemed crucial for the chances of the national ETS to successfully cut the sector’s GHGs.
Read MoreShanghai to auction 2 mln CO2 permits to ease ETS compliance process
Shanghai will offer 2 million carbon allowances in an additional auction on July 31 to help local emitters comply with the municipal cap-and-trade programme amid a dearth of supply.
Read MoreCN Markets: Pilot market data for week ending July 13, 2018
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 MoreHong Kong to launch carbon crediting scheme for building sector
Hong Kong is planning to launch a carbon crediting scheme for its building sector that could generate 2.5 million allowances a year, and it is developing a blockchain-based trading platform to create a domestic market for the units, according to government officials.
Read MoreExpectations dim for functional Chinese carbon market before 2020 -survey
Fewer people believe China’s national carbon market will be fully operational this decade, a new survey has revealed, as policy risks and expectations of lower allowance prices fuel pessimism and hold back industry from making low-carbon investment.
Read MoreCN Markets: Pilot market data for week ending Jul. 6, 2018
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.
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