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VCM Report: Nature-based contract hits new heights while CORSIA units falter

Published 17:59 on January 17, 2022  /  Last updated at 22:36 on January 17, 2022  /  Africa, Americas, Asia Pacific, Aviation/CORSIA, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Standardised nature-based voluntary emissions reductions (VER) prices found strength this week, while technology-based CORSIA-eligible credits and others generally flatlined or sank.

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Shell sees increasing role for carbon price in China’s decarbonisation process

Published 12:30 on January 17, 2022  /  Last updated at 12:30 on January 17, 2022  /  China, China's Offset Market  /  No Comments

China’s domestic carbon price could rise 400% above current levels by 2030 and kick on from there as part of the country’s efforts to decarbonise by 2060, oil major Shell said in a report Monday.

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CN Markets: CEAs stable as traders await allocation plan

Published 09:11 on January 14, 2022  /  Last updated at 11:53 on January 14, 2022  /  China, China's National ETS, China's Offset Market  /  No Comments

Chinese carbon allowance prices remained largely stable over the past week as market participants await the official allocation plan for 2021, while offsets are being offered at far above market prices amid severely limited supply.

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China plans regional carbon sink trading schemes in the northeast

Published 07:53 on January 12, 2022  /  Last updated at 08:21 on January 12, 2022  /  China, China's National ETS, China's Offset Market, China's Pilot Markets, Voluntary Market  /  No Comments

China’s central government said Tuesday to establish carbon sink trading pilots in Inner Mongolia and Heilongjiang province in northeast China, two of China’s most forestry abundant regions.

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VCM Report: VER prices vacillate as C-GEO contracts kick off trading

Published 22:48 on January 10, 2022  /  Last updated at 23:08 on January 11, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, China's Offset Market, EMEA, International, Kyoto Mechanisms, New Market Mechanisms, Other APAC, REDD, South & Central, US, Voluntary Market  /  No Comments

Voluntary emissions reduction (VER) prices trended in opposite directions this week for different exchange-traded product categories, while Xpansiv market CBL’s Core-GEO (C-GEO) contract saw its first activity after its mid-week launch.

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China’s CNOOC reaps windfall profits from ETS natural gas arrangements

Published 13:11 on January 10, 2022  /  Last updated at 13:11 on January 10, 2022  /  China, China's National ETS, China's Offset Market  /  No Comments

A natural gas subsidiary of state-owned China National Offshore Oil Corp. (CNOOC) has used the nation’s emerging green finance market to turn a handsome profit from carbon allowances freely awarded under gas companies’ no-lose inclusion in the world’s biggest emissions trading scheme.

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Analysts see room for rising prices in China ETS

Published 10:39 on January 10, 2022  /  Last updated at 10:39 on January 10, 2022  /  China, China's National ETS, China's Offset Market  /  No Comments

China’s carbon market has considerable room for rising prices in this decade, though there is also a risk the value of CO2 allowances might stagnate depending on the market’s regulatory settings, according to analysts.

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PetroChina hires Statkraft origination boss to lead new global carbon team

Published 13:37 on January 7, 2022  /  Last updated at 13:37 on January 7, 2022  /  Americas, Bavardage, China, China's National ETS, China's Offset Market, China's Pilot Markets, EMEA, EU ETS, International, US, Voluntary Market  /  No Comments

PetroChina has hired Statkraft’s head of environmental markets origination to build and lead a new global carbon trading division, Carbon Pulse has learned.

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CN Markets: CEAs hold firm after compliance deadline, but volume tanks

Published 10:09 on January 7, 2022  /  Last updated at 10:09 on January 7, 2022  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

Chinese carbon allowance prices held firm this week, propped up by demand from companies that missed the Dec. 31 compliance deadline, but trading volumes plummeted.

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Ministry proposes minor cut in China ETS allocation

Published 09:07 on January 6, 2022  /  Last updated at 09:07 on January 6, 2022  /  China, China's National ETS, China's Offset Market  /  No Comments

China’s environment ministry is proposing to reduce the number of CO2 allowances to be distributed under its national CO2 emissions trading scheme for 2021, but likely not enough of a cut to avoid another year of oversupply.

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