CN Markets: Pilot activity quietens as focus turns to national ETS, CCERs
Interrupted by week-long Lunar New Year celebrations, China’s pilot carbon markets saw a drop in activity in February as traders got busy tracking down potential sources of offset supply for use in the national emissions trading scheme.
Read MoreHKEX takes stake in Chinese futures exchange
Hong Kong Exchanges and Clearing (HKEX) is taking a minority stake in the Guangzhou Futures Exchange, aiming to extend its engagement in low-carbon markets.
Read MoreShanghai ETS shrinks by a third as coal plants exit for national market
Shanghai on Thursday released the 2020 allocation plan for its municipal emissions trading scheme, with the overall CO2 cap shrinking by a third as more than 20 coal-fired power plants are exiting to join the national market.
Read MoreCN Markets: National carbon market launch divides China’s ETS pilots
China’s national emissions trading scheme formally entered into force on Monday, creating a sharp divide in outlook between those pilot carbon markets where power plants transition to the federal scheme immediately and those that will keep coal units in the local programmes for another year.
Read MoreChina’s Shenyang to kick off emissions trading market in July
China’s northern city of Shenyang is expected to launch trading in its municipal carbon market this July, with the programme spanning around 500 companies initially, local media reported Friday.
Read MoreWorld’s compliance carbon markets increased 19% in value to $279 bln in 2020 -report
Global compliance-based carbon markets increased in value by nearly a fifth in 2020 to €229 billion ($279 bln), according to analysts at Refinitiv, flagging a fourth consecutive annual rise and a fivefold jump within three years as the programmes shrugged off the effects of the COVID-19 pandemic.
Read MoreChina takes step towards carbon futures exchange
China has approved the setting up of a futures exchange in Guangzhou, moving closer to a carbon futures market as provincial officials in Guangdong are keen for the bourse to establish itself as an emissions trading hub spanning Hong Kong and Macao.
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 MoreCN Markets: Pilot market data for week ending Dec. 18, 2020
Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.
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