Tianjin Climate Exchange seeks capital expansion to balance losses
The Tianjin Climate Exchange, which hosts one of China’s pilot emissions trading schemes, is increasing its shares by 43.82% in the hope of attracting $11.8 million from a new investor to expand its registered capital and inject cash into its loss-making business, according to a tender published Friday.
Read MoreChina puts veteran negotiator back on climate beat
A veteran Chinese climate negotiator has been promoted to one of five vice general secretaries of the National Development and Reform Commission (NDRC), and will be responsible for coordinating climate, trade and international cooperation issues.
Read MoreChina expected to have fully functional $11/t carbon market by 2020 -survey
China is expected to put in place a fully operational national emissions trading scheme with prices around the $11/tonne level by the end of the decade, a survey showed.
Read MoreFujian carbon exchange moves to regulate OTC repo deals
The Fujian Haixia Equity Exchange, which hosts CO2 trading China’s Fujian province, on Tuesday released regulations for carbon repo deals aimed at reducing default risks.
Read MoreCN Markets: Pilot market data for week ending Nov. 17, 2017
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 MoreCN Markets: Pilot market data for week ending Nov.10, 2017
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 regulator leaning towards rejecting pilot permits in national ETS, pulling plug on new regional markets
China is considering whether to rule out the use of pilot market CO2 permits in its national ETS, ban new regional schemes and also possibly shut down some existing ones, in an effort to establish a single, consolidated carbon market, according to an NDRC proposal seen by Carbon Pulse.
Read MoreTaiwan rolls out draft five-yearly carbon targets ahead of ETS launch
Taiwan’s Environmental Protection Administration (EPA) this week proposed draft five-yearly carbon targets starting with the 2016-2020 period, adding that it would finalise a policy portfolio – that will include its proposed carbon market – to meet the goals but stopping short of announcing an ETS start date.
Read MoreANALYSIS: Is China ready for its national ETS?
The long-awaited launch of China’s national carbon trading system is expected in the coming days, but legal, financial and industry issues are piling up and will create big challenges for the scheme, according to experts.
Read MoreCN Markets: Pilot market data for week ending Nov. 3, 2017
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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