Top

China’s Shenyang releases draft rules for its pilot carbon market

Published 11:57 on November 26, 2020  /  Last updated at 11:57 on November 26, 2020  /  China, China's Offset Market, China's Pilot Markets  /  No Comments

The municipal government of Shenyang has released draft regulations for what will become China’s ninth regional carbon market, with an eye to linking to other regions over time.

Read More
Top

IATA launches aviation carbon credit exchange, announces first trade

Published 21:03 on November 25, 2020  /  Last updated at 23:18 on November 25, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, EMEA, International, New Market Mechanisms, South & Central, US, Voluntary Market  /  No Comments

Aircraft operators’ association IATA on Wednesday launched its Aviation Carbon Exchange (ACE) to facilitate trade in both CORSIA-eligible and voluntary offsets, also announcing the inaugural transaction on the platform.

Read More
Top

Trading in China’s carbon market now tipped to begin early 2021

Published 00:35 on November 23, 2020  /  Last updated at 01:10 on November 24, 2020  /  China, China's National ETS, China's Offset Market  /  No Comments

The first trades in China’s national emissions trading scheme are likely to take place early next year, an advisor to the government said over the weekend, meaning the country is likely to miss its 2020 target start date for the market, though compliance obligations are still set to be backdated to 2019.

Read More
Top

Two CORSIA programmes approved as first REDD standards in a compliance carbon market

Published 19:25 on November 20, 2020  /  Last updated at 22:43 on November 20, 2020  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China's Offset Market, Climate Talks, EMEA, International, Kyoto Mechanisms, Middle East, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

UN body ICAO’s Council this week fully approved a new jurisdictional REDD programme to supply carbon credits under the pilot phase of the CORSIA global aviation offset scheme, that alongside an update to a previously-recognised standard will see a compliance-based carbon market accept international deforestation reduction units for the first time.

Read More
Top

Exemptions cancel out stricter benchmark in new China ETS allocation plan

Published 15:50 on November 20, 2020  /  Last updated at 18:51 on November 20, 2020  /  China, China's National ETS, China's Offset Market  /  No Comments

China’s environment ministry has tightened the overall benchmark for large coal-fired power plants in the national emissions trading scheme, but introduced loopholes that cancel out most potential CO2 cuts from the stricter standard, according to an updated draft released Friday evening.

Read More
Top

Audio recordings of Carbon Pulse’s side events at the ICAP-IETA Carbon Markets Virtual Pavilion

Published 16:46 on November 12, 2020  /  Last updated at 17:37 on November 12, 2020  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, Conversations, Dialogue, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Newsletter, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, US, Views, Voluntary Market  /  No Comments

Here is a summary of Carbon Pulse’s free side events at this week’s IETA-ICAP Carbon Markets Virtual Pavilion, along with links to the audio recordings. (Video recordings not available to due to file size considerations)

Read More
Top

China’s Guangdong province to hand out carbon credits for donating, selling second-hand clothes

Published 13:13 on November 5, 2020  /  Last updated at 23:16 on November 5, 2020  /  China, China's Offset Market, China's Pilot Markets  /  No Comments

The Guangdong provincial government has approved a pilot project to award carbon credits to companies, groups, and individuals that sell or donate used clothing, the first jurisdiction in the world to do so.

Read More
Top

ANALYSIS: Market braces for massive offset uptake in China’s carbon market

Published 11:37 on November 3, 2020  /  Last updated at 11:37 on November 3, 2020  /  China, China's National ETS, China's Offset Market  /  No Comments

Offset trading in China’s national ETS could hit 250-500 million units in the market’s first year once the government finalises rules and begins issuing new credits, according to traders and analysts.

Read More
Top

China releases draft rules for national CO2 emissions trading scheme

Published 07:03 on November 2, 2020  /  Last updated at 01:43 on November 3, 2020  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

China’s Ministry for Ecology and Environment (MEE) on Monday released draft rules for its national ETS, as well as registry and settlement regulations, marking a major step towards launching the market.

Read More
Top

EXCLUSIVE: China wants offsets in ETS from start, opens door for financials

Published 14:19 on October 30, 2020  /  Last updated at 22:58 on October 30, 2020  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

China’s environment ministry wants to allow the use of carbon credits from the start in the national emissions trading scheme, including from renewable energy projects, and to also open the door for financials to trade CO2 permits, according to draft government documents obtained by Carbon Pulse.

Read More