Hundreds of investors pressure G20 on climate targets, carbon pricing
Nearly 500 investors managing $34 trillion worth of capital are urging G20 nations to strengthen their Paris Agreement targets, and put in place policies to achieve those goals, including meaningful prices on carbon emissions and targets for phasing out fossil fuel subsidies.
Read MoreBeijing targets carbon neutral Winter Olympics with offsets, allowances
Organisers of the 2022 Winter Olympics in Beijing have released a plan to minimise the event’s greenhouse gas footprint, including a goal to buy or ensure donations of local carbon offsets and ETS allowances to make up for any emissions that can’t be avoided.
Read MoreCN Markets: Pilot market data for week ending June 21, 2019
Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.
Read MoreChinese ex-official pans industry calls for more coal plants
A former senior Chinese government official has rubbished claims from the power sector that the country must build more coal-fired power plants to avoid power shortages.
Read MoreChina lays foundation for voluntary carbon market
China has for the first time laid out rules for carbon neutralising major events and activities, including defining which types of carbon credits would be eligible, a first step towards creating a voluntary GHG market in the world’s biggest-emitting nation.
Read MoreBY THE NUMBERS: Data sheds light on unused CER supply, Kyoto unit trading
There remains more than 860 million unused CERs – a massive supply of offsets that could potentially be tapped by airlines to comply with ICAO’s CORSIA scheme or which could find its way into the Paris Agreement era.
Read MoreCN Markets: Pilot market data for week ending June 14, 2019
Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.
Read MoreTianjin to auction 2 mln CO2 allowances on June 27
Tianjin will auction 2 million carbon permits on June 27 to help struggling emitters acquire sufficient allowances to be in compliance for 2018, the municipal government said Friday.
Read MoreChina issues tender to build national carbon trading platform
The Shanghai United Assets and Equity Exchange has issued a tender seeking bids to build the trading platform for China’s national carbon market, one of the last pieces of the puzzle before the world’s biggest cap-and-trade programme can commence.
Read MoreGuangdong first province to list China national ETS participants
The Guangdong department of ecology and environment has published a preliminary list of 90 power companies that qualify to participate in China’s nationwide cap-and-trade programme.
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