Guangdong offsets sell at premium to allowances in small auction
China Southern Power Grid Co. on Friday auctioned off a small batch of offsets eligible for use in the Guangdong ETS that cleared 39% above the secondary market price for allowances.
Read MoreChina Southern Power Grid Co. puts Guangdong offsets up for auction
China Southern Power Grid Co. will auction off a batch of carbon credits issued by the Guangdong provincial government, setting a floor price of 20 yuan ($2.90).
Read MoreChina holds firm on bringing major industry sectors into its ETS
China still plans to bring emissions-intensive manufacturing industries into its national ETS as soon as possible as it is set to start the programme with only the power sector, an official said Tuesday.
Read MoreChina’s Hebei to launch carbon offset market
China’s Hebei will launch a pilot voluntary carbon offset market across five cities by the end of the year, which could be implemented province-wide by 2020 with a view to making the credits eligible for compliance use for local industry in the national emissions trading scheme.
Read MoreAs CORSIA doubts persist, developers push ‘future-proof’ carbon projects to airlines
Developers are focusing on investing in and promoting carbon-cutting projects they think most likely to be eligible under the CORSIA aviation offset scheme, in an effort to encourage airlines to buy the units ahead of rules being finalised.
Read MoreCarbon veteran leaves Sindicatum following offset portfolio sales
A veteran carbon expert has left project developer Sindicatum to pursue other opportunities, Carbon Pulse has learned, several months after the Singapore-based firm sold its US and Asian offset portfolios.
Read MoreChina makes fresh reassurances on carbon credits
China’s Ministry of Ecology and Environment (MEE) will support the revamp of the country’s carbon credit programme as soon as possible to ensure offsets will be eligible in the national emissions trading scheme, Vice Environment Minister Zhuang Guotai said Wednesday.
Read MoreChina’s Guangdong suspends offset programme
China’s Guangdong province has suspended its regional carbon offset programme, as the local government wants to improve the mechanism before issuing further credits.
Read MoreGuangdong issues nearly 200k offsets from provincial carbon scheme
China’s Guangdong province has issued nearly 200,000 carbon credits under its regional programme, supplying the local emissions trading scheme with offsets in the absence of a functional national system.
Read MoreChina’s Guangdong keeps ETS emission cap level amid national market limbo
China’s biggest provincial pilot emissions trading scheme released its 2018 allocation plan on Thursday, keeping CO2 caps at last year’s levels as the central government has urged stability in the regional markets.
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