Guangdong adopts first forestry methodologies as China’s provinces see the CO2 through the trees
Provincial carbon market regulators in Guangdong have approved their first two forest offset methodologies, the latest move in an emerging trend for the country to use market incentives to cut emissions through increasing tree cover.
Read MoreGuangdong’s final 2016 carbon auction fails
Guangdong did not sell any of the 500,000 carbon allowances on offer in its final auction for the 2016 compliance year as buyers failed to bid for the minimum amount required.
Read MoreCN Markets: Pilot market data for week ending June 2, 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 carbon exchanges jockey for influence in non-pilot regions
China’s emissions exchanges are expanding into new regions following a drop in liquidity due to the uncertainty surrounding the national ETS, a move that could close cross-provincial trading gaps.
Read MoreCN Markets: Pilot market data for week ending May 26, 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: Shenzhen ETS sees China’s biggest swap deal yet
Trading house China Carbon Career and a subsidiary of the Shenzhen Energy Group this week carried out the biggest swap of CO2 allowances and Chinese Certified Emission Reductions (CCERs) seen in the country so far.
Read MoreCN Markets: Hubei’s first forward contract expired 12% above spot, market learns
The May-17 forward contract in Hubei’s emissions trading scheme expired earlier this month, it has been revealed, with few arbitrage opportunities emerging despite it settling 12% above the spot market.
Read MoreCN Markets: Pilot market data for week ending May 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 foreign coal investment slows amid OBOR push
China’s investments in coal-fired power plants in countries in the “One Belt, One Road” (OBOR) regions have slowed since last year, a report found.
Read MoreHalf of Guangdong ETS firms yet to partake in CO2 trading
Half of the roughly 200 participants in China’s biggest pilot emissions trading scheme did not execute a single trade in the first three years of the programme, while covered entities accounted for just 30% of total traded volume, an official report showed.
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