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China’s State Council approves ETS allocation plan -media

Published 09:33 on April 19, 2018  /  Last updated at 02:41 on April 20, 2018  /  China, China's National ETS  /  No Comments

China’s State Council has approved an allocation plan for the power sector’s trial emissions trading system, local media reported Thursday, a sign that the government is on track to launch the simulated market this year as planned.

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China slashes power prices to boost industry, paving way for further reform

Published 09:29 on April 19, 2018  /  Last updated at 09:42 on April 19, 2018  /  China, China's National ETS  /  No Comments

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.

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China must cut output from polluting industries 30% by 2030 to meet environmental targets -report

Published 13:14 on April 17, 2018  /  Last updated at 19:25 on April 17, 2018  /  China, China's National ETS  /  No Comments

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.

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China aims for realtime CO2 data for power stations in ETS

Published 10:54 on April 9, 2018  /  Last updated at 10:54 on April 9, 2018  /  China, China's National ETS  /  No Comments

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.

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China’s Shanxi province targets carbon finance to drive coal cuts

Published 10:47 on April 9, 2018  /  Last updated at 08:47 on April 10, 2018  /  China, China's National ETS, China's Pilot Markets  /  No Comments

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.

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China reportedly preparing fresh restrictions on coal imports, putting lid back on CO2

Published 13:45 on March 27, 2018  /  Last updated at 13:45 on March 27, 2018  /  China, China's National ETS  /  No Comments

China is likely to reintroduce restrictions on coal imports in the coming months in an effort to balance increasing production in domestic mines while clamping down on oversupply, according to domestic trade media.

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China meets Copenhagen climate target early, vows to stick with ETS despite govt re-shuffle, delays

Published 11:33 on March 26, 2018  /  Last updated at 11:33 on March 26, 2018  /  China, China's National ETS, China's Pilot Markets  /  No Comments

China has already met its 2020 carbon intensity target, according to a senior climate change official who also stressed that the country will continue building its national emissions trading scheme despite the recent government shuffle.

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China ups ante on energy consumption control, threatens penalties

Published 09:33 on March 22, 2018  /  Last updated at 23:40 on March 22, 2018  /  China, China's National ETS  /  No Comments

China has issued an amendment to its energy consumption regulations that gives the government more authority to impose caps on thousands of “key energy users” and to sanction those failing to meet their targets.

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China’s HFC-23 producers gear up for annual pay-out, as subsidies continue to eclipse lost CER revenues

Published 12:16 on March 20, 2018  /  Last updated at 12:16 on March 20, 2018  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

Carbon credits from HFC-23 projects were banned from most of the world’s carbon markets in 2013 amid concerns over market manipulation, but Chinese HFC-23 projects still earn almost twice as much as projects still selling UN-issued offsets thanks to a government subsidy programme.

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China MPs call on govt to speed ETS launch, merge CO2 with energy consumption trade

Published 09:22 on March 14, 2018  /  Last updated at 18:04 on March 14, 2018  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

Delegates at China’s National People’s Congress (NPC) have urged the government to speed up the launch of the national emissions trading scheme and merge it with the planned energy consumption trading system.

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