China issues first green certificates to mark beginning of national pollution markets
China has issued the first permits under its green certificate scheme, due to launch on July 1, in the first of a number of new markets planned to boost clean energy use and cut CO2.
Read MoreCN Markets: Shanghai carbon prices rally on auction announcement
Shanghai carbon allowances rose 5.7% on Tuesday amid year-high volumes as the market responded bullishly to Monday’s announcement on the price floor in the upcoming June 30 auction.
Read MoreChina’s Hubei tightens offset eligibility to include only those from poorest areas
The Hubei government on Monday tightened offset eligibility in the provincial emissions trading scheme to include only credits generated in the province’s 25 poorest counties.
Read MoreCN Markets: Shanghai to auction 2 mln CO2 permits on June 30
The Shanghai carbon exchange will auction 2 million carbon allowances on June 30, the final compliance day for 2016, the municipal government said Monday.
Read MoreCN Markets: Pilot market data for week ending June 9, 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 MoreNGO warns of offset credibility threat to China’s carbon market
As many as 52.7 million offsets potentially issued every year in China are of dubious quality and could threaten the integrity of the nation’s fledgling emissions market if they are allowed in the national ETS, environmental campaigners warned on Friday.
Read MoreCN Markets: Guangdong’s first forest carbon offset auction clears above allowance prices
All 37,600 forest carbon offsets auctioned in Guangdong on Thursday were sold at prices higher than the secondary market, the China Emissions Exchange said.
Read MoreUS treaty exit leaves questions over role in UN climate talks -Figueres
President Donald Trump’s decision to pull out of the Paris Agreement leaves major questions over whether and how the US might influence international climate change negotiations over the next four years, former UN climate chief Christiana Figueres told reporters in Beijing on Thursday.
Read MoreChina’s Guangdong issues first forestry offsets, with some set for June 8 auction
China’s Guangdong province on Wednesday issued nearly 240,000 forest carbon offsets, some of which will be offered in an auction Thursday for a minimum price of 12.03 yuan ($1.77) each.
Read MoreChina Development Bank to issue new 5 bln yuan green bond
China Development Bank (CDB) aims to raise 5 billion yuan ($736 million) to fund a package of environment and climate projects through a new bond, the latest move in Beijing’s attempts to green its financial system.
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