Carbon markets veteran switches law firms
A longstanding legal expert on emissions markets on Monday joined a law firm seeking to expand its global commodities and energy practise.
Read MoreFossil fuels boom in China despite pandemic effects
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.
Read MoreQUICK 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 MoreANALYSIS: Climate ambition gap following Paris NDC deadline leaves task to major emitters
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.
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 MoreBRIEFING: International emissions trading pilots see fourfold funding gain ahead of Paris rulebook
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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