China launches trading scheme to tackle vehicle fuel efficiency, transport emissions
China has launched a trading scheme to improve fuel efficiency among car manufacturers, and to help boost the production of so-called new energy vehicles (NEVs) while cutting transport emissions, though the government’s own data shows the market will be oversupplied in its early years.
Read MoreChina outlines 2020 air pollution control targets
China outlined new targets in its extended anti-air pollution action plan on Tuesday, according to a State Council statement that included restrictions on industrial projects in heavily polluted cities that are also aimed at curbing greenhouse gas emissions.
Read MoreCN Markets: Pilot market data for week ending Jun. 29, 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 MoreShanghai postpones ETS compliance for one month
Shanghai has pushed back its compliance deadline to July 31, giving the local ETS participants one more month to fulfill their commitments, the city’s government said on Friday.
Read MoreChina’s Sinopec makes carbon profits on govt refinery clampdown
A subsidiary of Sinopec, China’s biggest refinery group, has made a 1.3-million yuan ($200,000) profit by swapping Shanghai CO2 permits it had saved as a result of a government clampdown on overcapacity in the sector.
Read MoreChina’s cabinet reaffirms ETS plans, tightens grip on polluters
China State Council on Sunday released a raft of environmental policy orders, reaffirming its plans to establish a national emissions trading scheme by 2020 despite recent doubts, and giving environmental regulators more power.
Read MoreChina’s Guangdong sees near-100% ETS compliance, but declines to release emissions data
A single emitter in China’s biggest pilot emissions trading scheme failed to meet the annual compliance deadline, Guangdong regulators said Friday, again choosing to not disclose emissions data.
Read MoreCN Markets: Pilot market data for week ending Jun. 22, 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 MoreCN Markets: Pilot market data for week ending Jun. 15, 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 biggest generators rack up huge coal-power losses
China’s five major state-owned power companies last year racked up combined losses of 13.2 billion yuan ($2.1 bln) from generating coal-fired electricity, a sign of the challenges facing the industry in the world’s biggest-polluting nation.
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