China’s energy intensity slips further in Q1, as demand for gas rises -data
The decline in China’s energy intensity continued to outpace national targets in Q1, with the shift towards a cleaner economy boosting domestic demand for gas and further cutting the country’s GHG emissions, according figures published by China’s National Bureau of Statistics (NBS) on Friday.
Read MoreChina puts the brakes on solar power expansion
After years of rapid expansion, China is slamming the brakes on solar power capacity growth this year to shift its focus onto quality control and cost reduction, senior energy officials said Tuesday, signalling a bump in the road in the country’s efforts to wean itself off fossil fuels.
Read MoreCN Markets: Pilot market data for week ending Apr. 20, 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 slashes power prices to boost industry, paving way for further reform
China will cut power prices for industrial and commercial users by around 10%, a move likely to squeeze the profits of monopoly grid companies and major generators and pave the way for further power market reforms.
Read MoreChina must cut output from polluting industries 30% by 2030 to meet environmental targets -report
China will have to cut production levels in its most polluting industries by 30% before the end of next decade to meet the government’s air pollution targets, but the country has the opportunity to build a cleantech market worth $3.2 trillion along the way, according to a study released Tuesday.
Read MoreCN Markets: Pilot market data for week ending Apr. 13, 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’s biggest grid firm faces NGO court fight for spurning renewables
A Chinese environmental NGO is suing the country’s State Grid Corp., claiming 310 million yuan ($49 mln) in damages for the company’s failure to comply with a 2006 law obligating it to purchase all the renewable energy generated within its area of operation.
Read MoreChina aims for realtime CO2 data for power stations in ETS
China’s climate change office has asked for assistance from the power industry to develop realtime CO2 emissions data reporting for power stations covered by the national emissions trading scheme, a move that if successful would make it the world’s first carbon market to deploy such equipment.
Read MoreChina’s Shanxi province targets carbon finance to drive coal cuts
A government-funded financing vehicle in China’s second-biggest coal-producing province has teamed up with the local carbon exchange to leverage public and private capital targeting carbon trading and clean industrial projects in a bid to cut its reliance on coal.
Read MoreCN Markets: Pilot market data for week ending Mar.30, 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.
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