China carbon futures exchange set to get final nod before year-end
Guangdong province has begun consultation on its planned futures exchange, which will focus on CO2 permits initially, and expects to get central government approval before the end of the year, a senior provincial official said, according to local media.
Read MoreCARBON FORWARD 2019 – UK climate minister Duncan to deliver keynote speech
**THIS IS A FREE ARTICLE** – Survive and thrive in carbon markets by joining us at the 4th annual CARBON FORWARD conference & training day where we will be joined by the pre-eminent experts to discuss a programme developed by environmental market experts and based on feedback from companies like yours.
Read MoreChina flags tough coal power standards in draft ETS allocation plan
China has released a draft allocation plan for its power sector emissions trading scheme trial run, proposing strict efficiency levels for coal-fired plants that analysts say would force changes at old, inefficient facilities despite the lack of an overall CO2 cap for the market.
Read MoreChina set to drop absolute emission cap on ETS, says government advisor
China is likely to avoid setting an absolute cap on CO2 when it launches its emissions trading scheme next year, and will instead opt for an intensity-based approach, according to a Tsinghua University professor advising the government on designing the market.
Read MorePakistan should opt for emissions trading, consider future China link -study
Launching an emissions trading system for large-scale emitters would help Pakistan to rapidly deploy climate-friendly solutions while also achieving major co-benefits such as reductions in its air pollution levels, according to a UN-backed study.
Read MoreIHS Markit launches global carbon index amid growing investor interest
Information provider IHS Markit has launched a global carbon index, reflecting the rise in investor interest in environmental commodities.
Read MoreCARBON FORWARD 2019: Navigating opportunities in global carbon markets
**THIS IS A FREE ARTICLE** – Learn how companies and governments are aligning with the Paris Agreement and finding opportunities in carbon markets worldwide.
Read MoreChina backs Paris, but silent on new targets ahead of NYC climate summit
China on Tuesday laid out its position ahead of next week’s climate summit in New York, pledging a 100% commitment to the Paris Agreement but stopping short of promising to increase its own ambitions.
Read MoreChina, Russia blast “unfair” CORSIA, as EU’s resolve tested on aviation ETS
China and Russia have blasted the ICAO’s CORSIA aviation offsetting mechanism as unfairly burdening emerging economies, setting up a testing triennial Assembly of the UN aviation body that also threatens the EU’s inclusion of flights in its carbon market.
Read MoreChina missing out on massive non-CO2 GHG cuts -report
China could cut a cumulative 1.5-3 billion tonnes of CO2e by 2030 at low cost by introducing easily available policies, including bringing some of those gases into its planned emissions trading scheme, according to research.
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