China’s Sichuan to start offset trade in November
The Sichuan United Environment Exchange, one of two Chinese non-pilot emission bourses that have won government approval to host carbon trading, will launch offset trading next month, an exchange official said.
Read MoreCN Markets: Pilot market data for week ending Oct. 21, 2016
Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.
Read MoreChina SOEs building carbon trading teams as cap-and-trade programme looms
A number of China’s biggest state-owned enterprises (SOEs) are setting up specialised emissions trading teams to deal with next year’s launch of a national carbon market, with some companies – such as Chinalco, the world’s second biggest aluminium producer – expecting to face a shortfall of CO2 permits.
Read MoreClean tech firm to buy stake in Hubei carbon exchange
A Shenzhen-listed clean tech firm has agreed to buy a 55-million yuan ($8.14 million) stake in the China Emissions Exchange in Hubei, although the deal is subject to government approval.
Read MoreSecond Chinese province launches major forest carbon credit programme
China’s Jilin province will roll out a 6-million hectare carbon credit forestry programme that it expects will net local industry some 800 million yuan ($118 million) a year from offset sales by 2020.
Read MoreChina’s renewables industry forced to target market mechs as govt plans subsidy cuts
Renewable energy producers in China are renewing their hopes in market mechanisms such as carbon offset trading after news emerged this week that the government plans to slash subsidies for wind and solar generators.
Read MoreChina foresters to harvest ETS offsets through 2-mln hectare planting push
Hunan province in central China aims to plant 2 million hectares of new forest by 2020, a move that could see state-owned forestry farms supply millions of offsets to the national emissions trading scheme.
Read MoreCN Markets: Pilot market data for week ending Oct. 14, 2016
Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.
Read MoreShanghai to reopen carbon market next month
Shanghai will reopen its emissions trading market within the next month after it was closed July 1 to launch a second trading phase, which will run through 2018 for some emitters in parallel with the national market.
Read MoreGuangdong set to ban more CCERs for compliance use -sources
Market regulators in the Guangdong ETS are planning to further slim down offset eligibility this year in a bid to halt the influx of credits putting a downward pressure on allowance prices in China’s biggest pilot carbon market.
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