CN Markets: Pilot market data for week ending Apr. 20, 2018
Below is a table of the closing prices, ranges and volumes for China’s regional pilot carbon markets this week. All prices are in RMB, and volumes in tonnes of CO2e. Data sourced from local exchanges.
Read MoreChina’s State Council approves ETS allocation plan -media
China’s State Council has approved an allocation plan for the power sector’s trial emissions trading system, local media reported Thursday, a sign that the government is on track to launch the simulated market this year as planned.
Read MoreChina slashes power prices to boost industry, paving way for further reform
China will cut power prices for industrial and commercial users by around 10%, a move likely to squeeze the profits of monopoly grid companies and major generators and pave the way for further power market reforms.
Read MoreCarbon 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 must cut output from polluting industries 30% by 2030 to meet environmental targets -report
China will have to cut production levels in its most polluting industries by 30% before the end of next decade to meet the government’s air pollution targets, but the country has the opportunity to build a cleantech market worth $3.2 trillion along the way, according to a study released Tuesday.
Read MoreCN Markets: Pilot market data for week ending Apr. 13, 2018
Below is a table of the closing prices, ranges and volumes for China’s regional pilot carbon markets this week. All prices are in RMB, and volumes in tonnes of CO2e. Data sourced from local exchanges.
Read MoreChina’s biggest grid firm faces NGO court fight for spurning renewables
A Chinese environmental NGO is suing the country’s State Grid Corp., claiming 310 million yuan ($49 mln) in damages for the company’s failure to comply with a 2006 law obligating it to purchase all the renewable energy generated within its area of operation.
Read MoreChina aims for realtime CO2 data for power stations in ETS
China’s climate change office has asked for assistance from the power industry to develop realtime CO2 emissions data reporting for power stations covered by the national emissions trading scheme, a move that if successful would make it the world’s first carbon market to deploy such equipment.
Read MoreChina’s Shanxi province targets carbon finance to drive coal cuts
A government-funded financing vehicle in China’s second-biggest coal-producing province has teamed up with the local carbon exchange to leverage public and private capital targeting carbon trading and clean industrial projects in a bid to cut its reliance on coal.
Read MoreCN Markets: Pilot market data for week ending Apr. 6, 2018
Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.
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