China offers glimmer of hope for carbon offset developers
China’s climate officials are eager to include offsets in the national emissions trading scheme as a means to fund forestry and renewable energy projects, according to a senior official, offering a glimmer of hope for beleaguered developers.
Read MoreChina to carry out mass inspections in one-year anti-pollution campaign
China’s environmental regulators on Monday started a one-year campaign to ensure the enforcement of anti-emission measures across the nation’s most polluted cities as part of efforts to reduce its reliance on coal, according to an official statement.
Read MoreCN Markets: Pilot market data for week ending Jun. 8, 2018
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 MoreGuangdong offset auction clears at 37% premium
Over 300,000 local forest carbon offsets were sold in an auction on the China Emissions Exchange in Guangzhou Thursday at 37% above the price floor, but marginally below the daily secondary-market closing price for allowances.
Read MoreCN Markets: Pilot market data for week ending Jun. 1, 2018
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 sees 4% growth in emissions so far this year -report
China’s greenhouse gas emissions are up 4% year-on-year so far in 2018, according to an analysis by Greenpeace, with the growth largely fuelled by a government stimulus programme.
Read MoreCN Markets: Pilot market data for week ending May 25, 2018
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 announces tender system to push down wind power costs
China will introduce a tender system for new utility-scale wind power plants in a bid to cut costs and reduce wasted generation, the nation’s energy regulator said Thursday.
Read MoreChina to include environment and profitability in coal investment restrictions
China will for the first time include environmental capacity and economic return as factors in restricting new investment in coal-fired power generation, according to a leaked note from the National Energy Administration (NEA).
Read MoreShenzhen council pays ETS companies for saved CO2 permits
The council in Shenzhen’s richest city district has extended a funding scheme for local emitters based on how many CO2 permits remain unused when complying with the Chinese city’s pilot emissions trading scheme.
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