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Carbon markets veteran switches law firms

Published 12:06 on January 18, 2021  /  Last updated at 12:33 on January 18, 2021  /  Asia Pacific, Bavardage, China  /  No Comments

A longstanding legal expert on emissions markets on Monday joined a law firm seeking to expand its global commodities and energy practise.

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Fossil fuels boom in China despite pandemic effects

Published 10:52 on January 18, 2021  /  Last updated at 21:57 on January 18, 2021  /  China, China's National ETS  /  No Comments

China saw strong growth in production and imports of coal, gas, and oil last year, despite the COVID-19 pandemic and the president’s pledge to move the world’s top emitter towards a carbon neutral economy.

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QUICK TAKE: Unpacking China’s climate change guidance

Published 14:33 on January 13, 2021  /  Last updated at 14:37 on January 13, 2021  /  China, China's National ETS, China's Offset Market  /  No Comments

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.

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Singapore energy trading firm hires ex-Shell offset originator

Published 10:52 on January 12, 2021  /  Last updated at 11:00 on January 12, 2021  /  Asia Pacific, Bavardage, China, China's Offset Market, Other APAC, Voluntary Market  /  No Comments

A Singapore-based energy trading firm has hired a former offset originator with Shell to help build a carbon trading business.

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China expects carbon market trading platform to go live mid-year

Published 08:20 on January 11, 2021  /  Last updated at 01:22 on January 12, 2021  /  China, China's National ETS, China's Offset Market  /  No Comments

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.

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ANALYSIS: Climate ambition gap following Paris NDC deadline leaves task to major emitters 

Published 23:00 on January 5, 2021  /  Last updated at 02:02 on January 6, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, Other APAC, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

Most countries have missed a year-end deadline to update and enhance their GHG reduction commitments as the Paris Agreement took effect on Jan. 1, putting more focus on the need for greater climate ambition from large emitters this year to help close the gap to achieving the pact’s temperature goals.

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China adopts ETS trading rules as carbon market gets closer to going live

Published 12:06 on January 5, 2021  /  Last updated at 02:17 on January 6, 2021  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

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.

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China releases final 2019-20 carbon market allocation plan

Published 10:58 on December 30, 2020  /  Last updated at 18:30 on December 30, 2020  /  China, China's National ETS, China's Offset Market, China's Pilot Markets  /  No Comments

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.

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China’s power demand growth likely to boost CO2 emissions, despite ETS

Published 12:52 on December 22, 2020  /  Last updated at 22:33 on December 22, 2020  /  China, China's National ETS, China's Offset Market  /  No Comments

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.

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BRIEFING: International emissions trading pilots see fourfold funding gain ahead of Paris rulebook

Published 10:08 on December 22, 2020  /  Last updated at 22:55 on December 22, 2020  /  Africa, Americas, Asia Pacific, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, New Market Mechanisms, New Zealand, South Korea, Switzerland  /  No Comments

Governments have committed $1.37 billion towards international emissions trading pilot programmes to help meet Paris Agreement goals, according to a report that charts a fourfold rise in finance inside 18 months.

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