QUICK TAKE: Unpacking China’s climate change guidance
China’s environment ministry on Wednesday released a guidance document on climate change and air pollution, which in time could have a significant impact on the status of the national emissions trading scheme.
Read MoreSingapore energy trading firm hires ex-Shell offset originator
A Singapore-based energy trading firm has hired a former offset originator with Shell to help build a carbon trading business.
Read MoreChina expects carbon market trading platform to go live mid-year
Trading in China’s national emissions trading scheme is expected to begin around mid-year, the person in charge of developing the ETS exchange has told local media.
Read MoreChina adopts ETS trading rules as carbon market gets closer to going live
China on Tuesday published final regulations for its national CO2 emissions trading scheme, meaning the market will be formally in operation from Feb. 1 despite technical issues with the registry and trading platform.
Read MoreChina releases final 2019-20 carbon market allocation plan
China on Wednesday released the final allocation plan for participants in its national emissions trading scheme, clearing one of the last hurdles left before the market can open.
Read MoreChina’s power demand growth likely to boost CO2 emissions, despite ETS
China’s biggest grid operator expects the country’s electricity consumption will rise next year, a move likely to result in CO2 output from coal power plants climbing by some 100 Mt, according to analysts.
Read MoreCheap units from emerging nations dominate voluntary offset supply, survey shows
Low-cost offsets from emerging or developed nations dominated voluntary carbon market supply in 2019, while market participants fear efforts to standardise pricing will make premiums even harder to achieve for high quality activities, according to a report published Friday.
Read MoreTianjin releases 2020 allocation plan for ETS
Tianjin has released the 2020 allocation plan for its municipal emissions trading market, tightening settings for local emitters and likely becoming the third region to ensure its local coal-fired power plant will be exempted from the national ETS in 2020.
Read MoreMajor Chinese state-owned power company pledges early CO2 peak
One of the biggest companies due to participate in China’s national emissions trading scheme has announced it aims to peak its CO2 emissions seven years ahead of schedule, as major companies ramp up voluntary pledges in line with President Xi Jinping’s carbon neutral commitment.
Read MoreResearchers urge removal of older offsets, legacy projects to save global voluntary carbon market
Call it the ‘first-mover disadvantage’. Researchers are urging for carbon credits generated from historical emissions reductions, as well as the older projects that created them, to all be purged in a bid to save the global voluntary offset market.
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