Key China climate think-tank vice director joins Energy Foundation
One of China’s key climate policy academics has left his role as vice director of China’s government-led climate policy think-tank NCSC to become president of NGO Energy Foundation China.
Read MoreCN Markets: Pilot market data for week ending July 21, 2017
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 MoreGerman energy exchange EEX builds foothold in China’s emerging carbon market
German energy bourse EEX has partnered with several Chinese exchanges to build its foothold in China’s emerging national ETS, advancing plans to offer trade in euro-denominated offshore carbon derivatives to let clients access the market while avoiding the political and capital restrictions that international investors typically face.
Read MoreBP’s offset unit expands voluntary offering with SDG focus
Oil giant BP’s offsetting initiative BP Target Neutral has expanded its portfolio for 2017 by using the UN’s Sustainable Development Goals as a framework for assessment to investing in four carbon-cutting projects.
Read MoreCDM board alters fee system to address growing number of unclaimed CERs
The CDM’s Executive Board this week took steps to curb the increasing number of CERs that are sitting in UNFCCC ‘pending accounts’ awaiting payment of required issuance fees by their owners.
Read MoreCN Markets: Pilot market data for week ending July 14, 2017
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 second biggest steel producer sets up carbon trading subsidiary
The HBIS Group, China’s second biggest steel producer, has set up a carbon subsidiary that will handle trading, offset project development, and MRV issues once its parent company gets brought into the national emissions trading scheme.
Read MoreChina’s Hubei postpones ETS compliance deadline over verification delays
The government of China’s Hubei province has postponed the 2016 compliance deadline in its emissions trading scheme due to the regulator being late in settling final CO2 output numbers.
Read MoreCN Markets: Pilot market data for week ending July 7, 2017
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 MoreShell, Sovran agree first China ETS allowance options deal
Shell and Guangdong-based brokers Sovran have agreed the first options trade for Chinese national CO2 allowances as market participants gear up for the launch of the world’s biggest carbon market.
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