Bilateral deals offer huge CO2 price discounts in China’s pilot markets
Companies with the ability to do large bilateral bulk deals can purchase CO2 allowances at huge discounts compared to on-screen trading in some of China’s pilot emissions trading schemes, a carbon trading firm said Friday.
Read MoreCN Markets: Pilot market data for week ending Jan 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 MoreForty-five Chinese cities pledge early CO2 peak
A group of 45 Chinese cities including a number of provincial capitals have pledged to peak their carbon emissions at various stages over the next decade in a push to ensure the world’s biggest-emitting nation beats its Paris Agreement target.
Read MoreChina’s Chongqing allocates 100 mln permits to cover 2016 CO2 emissions
The Chongqing government has set the 2016 cap for its emissions trading scheme at 100 million tonnes, largely unchanged from the year before.
Read MoreCN Markets: Pilot market data for week ending Jan. 20, 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 power sector under pressure after third straight annual drop in coal output
Chinese coal production fell 9.4% last year, dropping for a third straight year and pushing up prices, thereby making life hard for coal-fired power generators that are also facing impending environmental regulations such as the launch of a national cap-and-trade programme.
Read MoreChina dominates green bond market with investments set to double in 2017 -report
China accounted for 40% of the global green bond market in 2016 with investments of $36.2 billion, a figure that is set to double this year, a report said Tuesday, making the market by far the biggest source of private funds to fight carbon pollution in the world’s biggest-emitting nation.
Read MoreChina sets 2020 energy targets, ramps up plans on energy markets
The world’s top energy consumer is setting a goal to slow its growth in energy use to less than 3% a year through 2020, forcing much of the burden onto big-emitting industries and imposing a range of measures to tackle over-supply, according to China’s five-year plan for the energy sector released Tuesday.
Read MoreCN Markets: Shanghai permit prices triple on transition to national ETS, tighter allocation
Prices in the Shanghai emissions trading scheme have tripled over the past two months as traders bet on arbitrage opportunities when the national carbon market opens later this year while tighter allocation has boosted demand.
Read MoreChina halts construction of 85 coal plants in bid to cut over-capacity
China has suspended the construction of 85 coal-fired power plants in a move that is likely to further curb the nation’s CO2 growth but that observers say will have a modest impact on its carbon trading plans.
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