China CO2 output could rise again as govt eases coal curbs
China has eased its target for reducing overcapacity in its coal industry in order to control runaway prices, potentially paving the way for carbon emissions to rise again after several years of modest-to-no growth.
Read MoreCN Markets: Pilot market data for week ending Feb. 17, 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 Gansu province seeks to get foot in carbon trading door
China’s northwestern Gansu province has released a raft of climate policies and ambitions to underpin a bid to host trading in the national carbon market, which opens later this year.
Read MoreCN Markets: Shanghai CO2 backwardation widens as first forward delivery date nears
Spot CO2 permits in the Shanghai emissions market rose nearly 9% on Monday, steepening the front end of the pilot market’s forward curve as it approaches its first ever delivery date for its new forward contracts.
Read MoreCN Markets: Pilot market data for week ending Feb. 10, 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 plans offset futures as first step to new carbon exchange
Guangdong is eager to launch offset futures contracts eligible for the national emissions trading scheme as a first step towards setting up a carbon futures exchange, the provincial government said.
Read MoreCN Markets: Guangdong sees sharp drop in CO2 prices as investors build positions
Prices in the Guangdong emissions trading scheme have fallen by the maximum 10% for three days this week, followed by a further 8% dip on Thursday in what traders say is a move by some institutional investors aiming to build market positions at lower price levels.
Read MoreChina’s newest carbon market plans slew of financial products
Government officials in Fujian province, home of China’s newest pilot emissions trading scheme, are planning to introduce a host of financial products to underpin a scaling-up of the market to cover the whole economy by 2020.
Read MoreChina’s pollution hotspots get headstart in cutting coal use
China’s most populous and heavily polluted regions will likely overachieve on their five-year targets to rein in coal use and achieve substantial CO2 cuts as regulators work hard to appease public demand for clean air.
Read MoreShanghai raises margin requirements for carbon forwards
The Shanghai Clearing House (SCH), the central counterparty in Shanghai’s market for OTC carbon forward contract trading, on Friday raised the margin calls for its four quarterly expiry contracts.
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