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Guangdong first to break rank on China national ETS deadlines amid COVID-19 crisis

Published 13:34 on April 8, 2020  /  Last updated at 13:34 on April 8, 2020  /  China, China's National ETS  /  No Comments

Guangdong province has become the first Chinese region to officially deviate from the central government’s national ETS preparation timetable, though others are expected to follow, sparking fresh concerns over whether the world’s biggest carbon market will be able to launch this year as planned.

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China readies rules for carbon financial products ahead of ETS launch

Published 12:14 on April 2, 2020  /  Last updated at 22:43 on April 2, 2020  /  China, China's National ETS  /  No Comments

China is preparing a set of rules and standards for financial products tied to its emerging carbon market, indicating those will eventually become available for traders, though it remains uncertain if the instruments will be allowed from the start of the national emissions trading scheme.

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As China’s virus measures ease, manufacturing expands with power tipped to follow

Published 04:35 on March 31, 2020  /  Last updated at 23:32 on March 31, 2020  /  China, China's National ETS  /  No Comments

China is showing signs of economic recovery following its lockdown to tackle the COVID-19 virus outbreak, with government data released Tuesday showing the manufacturing industry expanded in March and analysts expecting power demand to return to growth as well.

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Emissions trading expands globally on more climate ambition -report

Published 18:29 on March 24, 2020  /  Last updated at 23:12 on March 24, 2020  /  Americas, Asia Pacific, Australia, Canada, China, China's National ETS, EMEA, EU ETS, International, Mexico, New Zealand  /  No Comments

Emissions trading systems covered just under 9% of the world’s total GHG emissions in 2020, increasing their global coverage as climate ambition grows and governments consider net zero emission targets, a report published on Tuesday found.

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China’s looser coal policy paves way for 34 GW of new capacity -analysts

Published 12:41 on March 20, 2020  /  Last updated at 12:44 on March 20, 2020  /  China, China's National ETS  /  No Comments

China’s recent decision to loosen restrictions on building new coal-fired power plants could spark the construction of additional capacity larger than Poland’s entire fleet, analysts said Friday.

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China’s carbon emissions rise 2.6% in 2019 -researchers

Published 08:01 on March 18, 2020  /  Last updated at 12:47 on March 18, 2020  /  China, China's National ETS  /  No Comments

China’s greenhouse gas emissions rose 2.6% to almost 14 billion tonnes of CO2e last year, driven by an increase in energy-intensive manufacturing and oil and gas consumption, according to a study released Wednesday.

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China posts weakest industrial output numbers in three decades

Published 09:59 on March 16, 2020  /  Last updated at 09:59 on March 16, 2020  /  China, China's National ETS  /  No Comments

China’s industrial output fell 13.5% over January and February, the government said Monday, underpinning estimates that its emissions have been dented in the short term, while rapid COVID-19 spread in Europe and the US may slow China’s expected CO2-intensive recovery.

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Shanghai commits to national ETS timetable despite virus

Published 11:21 on March 11, 2020  /  Last updated at 11:21 on March 11, 2020  /  China, China's National ETS  /  No Comments

The Shanghai municipal government on Wednesday ordered 73 companies to submit their 2019 emissions data by the end of this month, keeping China on track to launching its national emissions trading scheme before the end of the year despite the massive disruptions caused by the coronavirus.

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China loosens restrictions on new coal-fired power plants

Published 08:28 on March 4, 2020  /  Last updated at 08:28 on March 4, 2020  /  China, China's National ETS, China's Pilot Markets  /  No Comments

China’s National Energy Administration (NEA) has loosened restrictions on building new coal-fired power plants in around a third of the nation’s regions and provinces.

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China boasts carbon intensity drop in 2019, but data suggest absolute emissions rose

Published 07:33 on February 28, 2020  /  Last updated at 07:33 on February 28, 2020  /  China, China's National ETS  /  No Comments

The carbon intensity of China’s economy fell 4.1% in 2019, the government said Friday, though a rise in fossil fuel consumption likely meant absolute emissions continued to rise.

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