Shanghai sells less than a sixth of CO2 permits on offer in auction

Published 12:14 on July 31, 2018  /  Last updated at 02:19 on August 1, 2018  / Kathy Chen /  Asia Pacific, China

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.

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CN Markets: Pilot market data for week ending Jul. 27, 2018

Published 13:06 on July 27, 2018  /  Last updated at 13:06 on July 27, 2018  / Kathy Chen /  Asia Pacific, China

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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China’s Guangdong keeps ETS emission cap level amid national market limbo

Published 12:58 on July 26, 2018  /  Last updated at 23:09 on July 26, 2018  / Kathy Chen /  Asia Pacific, China

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.

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CN Markets: Pilot market data for week ending Jul. 20, 2018

Published 11:09 on July 20, 2018  /  Last updated at 11:09 on July 20, 2018  / Kathy Chen /  Asia Pacific, China

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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China to open power market to major polluting industries

Published 10:46 on July 19, 2018  /  Last updated at 23:27 on July 19, 2018  / Kathy Chen /  Asia Pacific, China

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.

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Shanghai to auction 2 mln CO2 permits to ease ETS compliance process

Published 13:51 on July 16, 2018  /  Last updated at 21:55 on July 16, 2018  / Kathy Chen /  Asia Pacific, China

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.

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CN Markets: Pilot market data for week ending July 13, 2018

Published 19:23 on July 13, 2018  /  Last updated at 19:23 on July 13, 2018  / Kathy Chen /  Asia Pacific, China

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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Hong Kong to launch carbon crediting scheme for building sector

Published 10:15 on July 13, 2018  /  Last updated at 19:16 on July 13, 2018  / Kathy Chen /  Asia Pacific, China, Other APAC

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.

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Expectations dim for functional Chinese carbon market before 2020 -survey

Published 13:18 on July 10, 2018  /  Last updated at 13:29 on July 10, 2018  / Kathy Chen /  Asia Pacific, China

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.

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CN Markets: Pilot market data for week ending Jul. 6, 2018

Published 14:43 on July 6, 2018  /  Last updated at 14:43 on July 6, 2018  / Kathy Chen /  Asia Pacific, China

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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