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CN Markets: CCERs see compliance demand boost as emitters aim to bank carbon allowances

Published 09:13 on November 19, 2021  /  Last updated at 09:13 on November 19, 2021  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

Trading activity in China’s carbon market rose in the past week as an increasing amount of compliance entities chased offset credits in order to be able to hold on to their allowances for use in future years, though prices remained fairly stable.

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Power generators dominate as analysts release first company-level list of major Chinese emitters

Published 10:19 on November 18, 2021  /  Last updated at 10:19 on November 18, 2021  /  China, China's National ETS  /  No Comments

Analysts have compiled and released for the first time a list of CO2 emissions from 100 listed Chinese companies, dominated by a group of power companies each releasing hundreds of millions of tonnes into the atmosphere every year.

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China announces $31-bln facility to support “clean” coal

Published 06:41 on November 18, 2021  /  Last updated at 06:41 on November 18, 2021  /  China, China's National ETS  /  No Comments

China’s State Council has set up a 200-billion yuan ($31.4 bln) lending facility aimed at improving coal production and consumption efficiency.

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CN Markets: CEAs stable with little sign of pre-compliance volatility

Published 08:27 on November 12, 2021  /  Last updated at 08:27 on November 12, 2021  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

Prices and volumes in China’s national carbon market remained relatively stable again over the past week, with little indication of impending pre-compliance volatility.

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Chinese emitters forced to chase scarce supply after ignoring CO2 verification requirements

Published 12:39 on November 11, 2021  /  Last updated at 12:39 on November 11, 2021  /  China, China's National ETS, China's Offset Market  /  No Comments

A number of Chinese power plants unexpectedly face a shortage of allowances in the national CO2 trading scheme after neglecting to finalise the verification process for their 2019 emissions, according to market participants.

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COP26: ‘Game-changing’ China-US declaration promises work on near-term GHG curbs

Published 20:02 on November 10, 2021  /  Last updated at 01:04 on November 11, 2021  /  Americas, Asia Pacific, China, China's National ETS, Climate Talks, International, Kyoto Mechanisms, New Market Mechanisms, US  /  No Comments

China and the US pledged stronger cooperation to curb CO2 and methane emissions in the 2020s in a joint statement late on Wednesday, a move some experts said drastically boosted the chances of a good COP26 deal in Glasgow and more climate ambition within the next few years.

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Power market reform paves way for tense inclusion of industry in China ETS

Published 10:20 on November 10, 2021  /  Last updated at 10:20 on November 10, 2021  /  China, China's National ETS  /  No Comments

The power pricing reform announced by China last month has seen industrial electricity prices rise by up to 75% in some regions, leading some analysts to question whether heavy industry such as aluminium production should be brought into the national emissions trading scheme.

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China’s central bank unveils new lending policy to fund decarbonisation

Published 08:36 on November 9, 2021  /  Last updated at 08:36 on November 9, 2021  /  China, China's National ETS, China's Offset Market  /  No Comments

The People’s Bank of China (PBOC) has unveiled a new lending policy to provide cheaper funding to carbon reduction efforts, a move analysts say can inject at least a trillion yuan ($160 billion) into the market.

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China carbon futures trading likely to go ahead after government nod

Published 12:01 on November 8, 2021  /  Last updated at 12:06 on November 8, 2021  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

Carbon trading at the newly established Guangzhou Futures Exchange looks likely to move forward after being endorsed by a group of major government agencies, though it remains unclear which units will be on offer.

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CN Markets: Trading volumes rise in China’s carbon market as compliance deadline nears, but prices stable

Published 07:24 on November 5, 2021  /  Last updated at 07:24 on November 5, 2021  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

There was a significant uptick in allowance and offset trading volumes in China’s market over the past week with the 2019 and 2020 compliance deadline now just six weeks away, but price movement was limited.

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