Shanghai to host China’s national carbon trading exchange, Hubei its registry -sources
The National Development and Reform Commission (NDRC) has picked Shanghai to host the exchange for its national emissions trading scheme, while Hubei province will be responsible for the CO2 permit registry.
Read MoreChongqing latest Chinese region to extend its pilot ETS
Southwestern China’s Chongqing revealed plans to extend its pilot emissions trading scheme into this year, beyond the initially planned phase.
Read MoreChina ETS is for emission cuts, not gambling, official warns
China will put restrictions in place to avoid excessive speculation in its emerging carbon trading programme to ensure market stability, a government official said Tuesday.
Read MoreChina ETS seen as bit player in the country’s climate fight
The launch of China’s national ETS is only weeks away but climate policy experts believe the scheme is unlikely to be more than a bit player in its early years, as China’s emissions are already plateauing thanks to other factors.
Read MoreCN Markets: Pilot market data for week ending Oct. 27, 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 eyes further trade restrictions in ETS “test run” launch -sources
China is on track to announce the launch of its national emissions trading scheme during next month’s UN climate talks, but the market will be a “test run” for an unspecified amount of time and with tight restrictions on trade, according to sources.
Read MoreChina ETS financials’ ban dims future for carbon brokers but power companies poised to benefit
China’s proposal to ban financials from trading in the national CO2 market is sending carbon brokers scrambling for other business opportunities while power companies stand to gain from the move.
Read MoreFirst carbon auction in China’s Tianjin due next week
China’s Tianjin Climate Exchange is due to hold its first ever CO2 permit auction next week when it will offer a small amount of allowances on behalf of a firm covered by the local ETS.
Read MoreHanergy sells 48% of shares in CO2 subsidiary as China carbon industry struggles
China’s Hanergy has sold 48% of the shares in its emissions industry business, the company said Monday, with some of the proceeds to be spent on non-carbon related operations.
Read MoreCN Markets: Pilot market data for week ending Oct. 20, 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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