Carbon trader becomes new CEO of Tianjin Climate Exchange
A Beijing-based trader with China Carbon Futures left the company on Wednesday to take up the position of CEO of the Tianjin Climate Exchange.
Read MoreChina’s HFC-23 producers gear up for annual pay-out, as subsidies continue to eclipse lost CER revenues
Carbon credits from HFC-23 projects were banned from most of the world’s carbon markets in 2013 amid concerns over market manipulation, but Chinese HFC-23 projects still earn almost twice as much as projects still selling UN-issued offsets thanks to a government subsidy programme.
Read MoreChina MPs call on govt to speed ETS launch, merge CO2 with energy consumption trade
Delegates at China’s National People’s Congress (NPC) have urged the government to speed up the launch of the national emissions trading scheme and merge it with the planned energy consumption trading system.
Read MoreData shows cut-price, opaque bilateral deals makes up most of Beijing’s carbon trade
As much as two-thirds of the volume traded in Beijing’s emissions trading scheme last year went through as bilateral deals, with prices less than half the levels on the local carbon exchange.
Read MoreShanghai to resume offset trade on Feb. 6
The Shanghai Energy and Environment Exchange will resume trade in carbon offsets on Feb. 6 after having suspending deals for over a month.
Read MoreANALYSIS: CORSIA’s wide-door offset policy may give airlines fewer clues on costs
Multiple offset certifiers expect to meet required standards for the global CORSIA aviation offset scheme, potentially resulting in a fragmented market that will give airlines more supply options but less idea of cost.
Read MoreChina backs forest carbon projects as poverty alleviation tool
Forest carbon projects would create job opportunities in less-developed regions and could play a part in achieving China’s twin targets of eradicating poverty and building an ecological civilization, according to a new government plan.
Read MoreICIS cancels China offset assessment over lack of market progress
Analysts ICIS on Tuesday cancelled their weekly price assessment of Chinese carbon offsets as the credits are unlikely to trade in the national emissions trading scheme for several years.
Read MoreChina hands over carbon offset registry management to Beijing exchange -sources
China has handed over the responsibility of running the nation’s offset registry to the Beijing Environment Exchange, but has yet to give final approval for reopening issuance of new carbon credits, according to several sources familiar with the matter.
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