CN Markets: Guangdong firm offers big permit batch below market price
A Guangdong power company on Tuesday called for bids to sell its surplus permits in the provincial emissions trading scheme, asking for a minimum price 27% below the secondary market.
Read MoreChina to update grid emission baselines for carbon offsets
China has launched a consultation process to update the grid emission factors that are used to calculate how many international and domestic offsets can be generated from power projects.
Read MoreCN Markets: Pilot market data for week ending Apr. 15, 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 MoreLowball CCER listing follows China’s offset freeze
A batch of 56,000 CCERs was offered on the Guangdong carbon exchange on Wednesday at 8-10 yuan ($1.16-1.45), well below recent levels, suggesting prices are suffering from the uncertainties surrounding China’s offset market.
Read MoreCN Markets: Pilot market data for week ending Apr 4, 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 firms reach out to OTC stock market for fresh funding
Chinese carbon firms are reaching out to investors in the nation’s fledgling over-the-counter (OTC) stock market in a bid to secure funding while the Chinese offset market is temporarily closed and other obvious sources of finance are limited.
Read MoreFEATURE: China’s national carbon market gets off to a cracking start, virtually
An online Chinese carbon trading game seems to be attracting more interest than the country’s regional pilot markets as thousands of amateurs join professionals in an attempt to win real cash and prizes by virtually speculating on prices while keeping an eye on their compliance obligations.
Read MoreChina Industrial Bank signs fresh CO2 permit-backed loans as others retreat
China Industrial Bank (CIB) has signed new loan deals worth 70 million yuan ($10.2 million) using pilot market CO2 allowances as collateral, even as other major Chinese banks shy away from such agreements.
Read MoreANALYSIS: Offset freeze, potential exclusion send shivers through China’s carbon market
China’s decision to freeze its carbon offset pipeline, combined with steadfast talks about potentially drastic changes to the national ETS design just months ahead of launch, are breeding unease at the companies trying to build the country’s burgeoning emissions trading industry.
Read MoreCN Markets: Pilot market data for week ending Mar. 31, 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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