Top

Fossil fuels boom in China despite pandemic effects

Published 10:52 on January 18, 2021  /  Last updated at 21:57 on January 18, 2021  /  China, China's National ETS  /  No Comments

China saw strong growth in production and imports of coal, gas, and oil last year, despite the COVID-19 pandemic and the president’s pledge to move the world’s top emitter towards a carbon neutral economy.

Read More
Top

QUICK TAKE: Unpacking China’s climate change guidance

Published 14:33 on January 13, 2021  /  Last updated at 14:37 on January 13, 2021  /  China, China's National ETS, China's Offset Market  /  No Comments

China’s environment ministry on Wednesday released a guidance document on climate change and air pollution, which in time could have a significant impact on the status of the national emissions trading scheme.

Read More
Top

China expects carbon market trading platform to go live mid-year

Published 08:20 on January 11, 2021  /  Last updated at 01:22 on January 12, 2021  /  China, China's National ETS, China's Offset Market  /  No Comments

Trading in China’s national emissions trading scheme is expected to begin around mid-year, the person in charge of developing the ETS exchange has told local media.

Read More
Top

China adopts ETS trading rules as carbon market gets closer to going live

Published 12:06 on January 5, 2021  /  Last updated at 02:17 on January 6, 2021  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

China on Tuesday published final regulations for its national CO2 emissions trading scheme, meaning the market will be formally in operation from Feb. 1 despite technical issues with the registry and trading platform.

Read More
Top

China releases final 2019-20 carbon market allocation plan

Published 10:58 on December 30, 2020  /  Last updated at 18:30 on December 30, 2020  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

China on Wednesday released the final allocation plan for participants in its national emissions trading scheme, clearing one of the last hurdles left before the market can open.

Read More
Top

China’s power demand growth likely to boost CO2 emissions, despite ETS

Published 12:52 on December 22, 2020  /  Last updated at 22:33 on December 22, 2020  /  China, China's National ETS, China's Offset Market  /  No Comments

China’s biggest grid operator expects the country’s electricity consumption will rise next year, a move likely to result in CO2 output from coal power plants climbing by some 100 Mt, according to analysts.

Read More
Top

Tianjin releases 2020 allocation plan for ETS

Published 10:32 on December 18, 2020  /  Last updated at 02:20 on December 19, 2020  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

Tianjin has released the 2020 allocation plan for its municipal emissions trading market, tightening settings for local emitters and likely becoming the third region to ensure its local coal-fired power plant will be exempted from the national ETS in 2020.

Read More
Top

China announces modest rise in near-term climate ambitions, saves real work for later

Published 16:32 on December 12, 2020  /  Last updated at 17:36 on December 12, 2020  /  China, China's National ETS, Climate Talks, International  /  No Comments

President Xi Jinping announced new, tougher 2030 targets for China’s climate change policy, though the adjustments to its previous Paris Agreement pledge were modest and did not include an absolute cap on greenhouse gas emissions.

Read More
Top

Major Chinese state-owned power company pledges early CO2 peak

Published 11:01 on December 9, 2020  /  Last updated at 18:22 on December 9, 2020  /  Asia Pacific, China, China's National ETS, China's Offset Market, Voluntary Market  /  No Comments

One of the biggest companies due to participate in China’s national emissions trading scheme has announced it aims to peak its CO2 emissions seven years ahead of schedule, as major companies ramp up voluntary pledges in line with President Xi Jinping’s carbon neutral commitment.

Read More
Top

Moderate, but rising price expectations for China’s national ETS -survey

Published 09:54 on December 8, 2020  /  Last updated at 21:15 on December 8, 2020  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

Chinese market participants believe prices in the national emissions trading scheme will start off slightly higher than the level they estimated last year, though overall price expectations remain modest, a survey showed Tuesday.

Read More