President Xi holds firm on China’s pollution fight, backs away from climate leadership role

Published 10:36 on May 21, 2018  /  Last updated at 13:48 on May 21, 2018  / /  Asia Pacific, China, Climate Talks, International

Chinese President Xi Jinping this weekend reiterated plans to step up his country’s fight against pollution, but softened language on the role China wants to play in international climate politics.

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CN Markets: Pilot market data for week ending May. 18, 2018

Published 15:01 on May 18, 2018  /  Last updated at 15:01 on May 18, 2018  / /  Asia Pacific, China

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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China coal consumption soars amid manufacturing boom

Published 09:46 on May 15, 2018  /  Last updated at 16:52 on May 15, 2018  / /  Asia Pacific, China

Coal-fired power generation in China rose 7.3% year-on-year in April, outpacing overall power output amid an ongoing manufacturing boom and threatening to derail efforts to curb carbon emissions.

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CN Markets: Pilot market data for week ending May. 11, 2018

Published 14:12 on May 11, 2018  /  Last updated at 14:12 on May 11, 2018  / /  Asia Pacific, China

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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CN Markets: Guangdong offsets sell at premium in small auction

Published 10:02 on May 11, 2018  /  Last updated at 23:10 on May 11, 2018  / /  Asia Pacific, China

Over 60,000 forest carbon credits issued by the Guangdong provincial government have sold at a 10% premium to allowances in China’s biggest emissions market, the local exchange said.

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China spends CDM cash to help ease natural gas shortage

Published 10:21 on May 10, 2018  /  Last updated at 21:46 on May 10, 2018  / /  Asia Pacific, China

China’s CDM Fund has approved a 65 million yuan ($10 mln) loan to a Shanghai-based natural gas project in a bid to ramp up fuel supply seen as crucial to help bring down coal consumption and cut CO2 emissions.

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CN Markets: National ETS delay dampens trade in China’s pilot markets

Published 12:08 on May 7, 2018  /  Last updated at 02:09 on May 8, 2018  / /  Asia Pacific, China

Traded volumes in China’s eight pilot emissions trading schemes fell by two-thirds in April compared to the same month last year, as the delay of the national ETS has seen many traders exit.

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Guangdong completes first offset issuance of 2018

Published 13:37 on May 4, 2018  /  Last updated at 02:15 on May 8, 2018  / /  Asia Pacific, China

The Guangdong provincial government this week awarded some 61,000 carbon credits in its first issuance since last July, as China’s national offset programme remains sidelined.

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CN Markets: Pilot market data for week ending May 4, 2018

Published 13:13 on May 4, 2018  /  Last updated at 13:14 on May 4, 2018  / /  Asia Pacific, China

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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CN Markets: Pilot market data for week ending Apr. 27, 2018

Published 14:41 on April 27, 2018  /  Last updated at 16:54 on April 27, 2018  / /  Asia Pacific, China

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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