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Data shows cut-price, opaque bilateral deals makes up most of Beijing’s carbon trade

Published 09:40 on February 12, 2018  /  Last updated at 23:48 on February 12, 2018  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

As much as two-thirds of the volume traded in Beijing’s emissions trading scheme last year went through as bilateral deals, with prices less than half the levels on the local carbon exchange.

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China State Grid Corp. moves to bring renewables online

Published 15:30 on February 8, 2018  /  Last updated at 15:30 on February 8, 2018  /  Asia Pacific, China, China's National ETS  /  No Comments

China’s State Grid Corp. has pledged to change its dispatch system in order to put an end to coal-generated power largely blocking new clean energy sources from coming online in the country’s Beijing-Hebei-Tianjin triangle.

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Nodal eyeing launch of US gas, emissions contracts in second half

Published 21:50 on February 6, 2018  /  Last updated at 22:00 on February 6, 2018  /  Americas, Asia Pacific, Canada, China, China's National ETS, EMEA, EU ETS, International, US  /  No Comments

US-based exchange Nodal plans to launch new gas and emissions derivatives in the second half of the year once it benefits from software integration rolled out with its German-owned parent EEX.

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ICF to manage second phase of EU-China emissions trading programme

Published 10:44 on January 26, 2018  /  Last updated at 13:39 on January 26, 2018  /  China, China's National ETS, EMEA  /  No Comments

The European Commission has picked consultants ICF to head up the €10-million second phase of its programme to help China build its national emissions trading scheme.

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China backs forest carbon projects as poverty alleviation tool

Published 10:40 on January 26, 2018  /  Last updated at 13:35 on January 26, 2018  /  China, China's National ETS, China's Offset Market  /  No Comments

Forest carbon projects would create job opportunities in less-developed regions and could play a part in achieving China’s twin targets of eradicating poverty and building an ecological civilization, according to a new government plan.

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ICIS cancels China offset assessment over lack of market progress

Published 12:58 on January 22, 2018  /  Last updated at 15:11 on January 22, 2018  /  China, China's National ETS, China's Offset Market  /  No Comments

Analysts ICIS on Tuesday cancelled their weekly price assessment of Chinese carbon offsets as the credits are unlikely to trade in the national emissions trading scheme for several years.

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China hands over carbon offset registry management to Beijing exchange -sources

Published 08:39 on January 19, 2018  /  Last updated at 12:20 on January 19, 2018  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

China has handed over the responsibility of running the nation’s offset registry to the Beijing Environment Exchange, but has yet to give final approval for reopening issuance of new carbon credits, according to several sources familiar with the matter.

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Global CO2 trading volume up 5% in 2017, value up 22% as major markets extend rules -analysts

Published 15:03 on January 18, 2018  /  Last updated at 08:26 on January 19, 2018  /  Americas, Asia Pacific, Aviation, Canada, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Zealand, South Korea, US  /  No Comments

Global traded carbon volumes rose 5% in 2017 to 6.3 billion tonnes of CO2e while the overall value of the markets climbed 22% to €41 billion ($33.5 billion), the Point Carbon analysts at Thomson Reuters said in a market review published Thursday.

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China’s Hubei expands ETS coverage while keeping CO2 cap flat

Published 11:09 on January 16, 2018  /  Last updated at 18:54 on January 16, 2018  /  China, China's National ETS, China's Pilot Markets  /  No Comments

The government of China’s Hubei province has released the 2017 allocation plan for its pilot emissions trading scheme, showing a small 1.6% increase in allowances despite bringing in around 40% more emitters, though observers doubt it will be sufficient to absorb the market’s permit glut.

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Guangdong carbon exchange launches renewables financing platform

Published 10:27 on January 9, 2018  /  Last updated at 00:41 on January 10, 2018  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

The China Carbon Emissions Exchange in Guangzhou on Tuesday launched a new platform offering financing and rating services for renewable projects, saying it plans to establish a fund company to catalyse clean investment partially leveraged by a 20 billion yuan ($3 billion) government fund.

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