China’s Shaanxi province launches call for CO2-cutting projects
The government of China’s Shaanxi province has issued a call for projects that can reduce CO2 emissions, with a preference for those in ETS sectors, although no crediting is planned for achieved reductions.
Read MoreCN Markets: Shanghai August forward contract to expire on Aug. 28
The August forward contract in Shanghai’s pilot emissions trading scheme will expire on Aug. 28, the local carbon exchange said on Tuesday, with traders asked to close positions by the end of this week.
Read MoreChina’s plans for new city could bring up to $150bln in green funding
China’s plans to build a new city near Beijing to alleviate the pressure on the over-populated capital could attract green investment of over a trillion yuan ($150 billion) as it seeks to woo cleantech industries including the main exchange in the nation’s new carbon market.
Read MoreBig-emitting off-grid power plants could escape China ETS
China’s off-grid power plants operated by heavy industry might avoid being included in the national ETS as regulators struggle to account for them, potentially undermining government efforts to use the carbon market to curb emissions.
Read MoreCN Markets: Pilot market data for week ending Aug 19, 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’s Guangdong to tighten CO2 cap, issue permits to national ETS participants
Guangdong will tighten the CO2 cap in its emissions trading scheme for 2017 and advance issuance of allowances to all included sectors despite the lack of clarity over what will happen once the national ETS begins.
Read MoreShell inks carbon trade deal with Chinese cement conglomerate
Shell’s Chinese carbon trading arm has signed a contract with one of China’s biggest cement manufacturers to initiate several bilateral deals for the national emissions trading scheme, the companies announced Thursday.
Read MoreAnonymous buyer gauges CCER market mood through Guangdong bid
An anonymous buyer has placed a low bid for 1 million Chinese CO2 credits through the Guangdong carbon exchange in what some market participants say could be a test of sellers’ resolve amid unclear government offset policies.
Read MoreFrustration grows over China ETS uncertainty
Chinese carbon traders are growing increasingly frustrated over the government’s unwillingness to clarify how and when the national emissions trading scheme will be rolled out, with some talking about leaving the market.
Read MoreCN Markets: Pilot market data for week ending Aug 11, 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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