EU nations greenlight tariffs on Chinese EVs to protect home industry
A proposal to impose tariffs on China-made electric vehicles has received clearance from the EU’s 27 member states, in efforts to support the competitiveness of the bloc’s auto industry.
Read MoreGovernments are neglecting behavioural change in national climate goals -research
Most countries are overlooking the potential for pro-climate behavioural changes from consumers as a strategy to help reduce global emissions by up to 70% by 2050, according to research published on Wednesday.
Read MoreChina’s transformation plan may discourage new coal, report says
China’s transformation strategy for coal-fired power plants could help drive a phase-out of the fossil fuel, given that co-firing and carbon storage approaches remain costly, a report has argued.
Read MoreDATA DIVE: Britain’s coal achievement comes against backdrop of ever-increasing global consumption
On Sep. 30, Britain’s last coal-fired power plant in operation, at Ratcliffe-on-Soar in Nottinghamshire, powered electricity to the UK grid for the final time.
Read MoreANALYSIS: China steel sector braces for carbon market, capacity policies
The decarbonisation progress of China’s steel industry in the coming few years will likely hinge on recent regulatory developments, including the expansion of the national carbon market, according to experts.
Read MoreCN Markets: CEA price rebounds to 100 yuan level, trading activity picks up
The Chinese emissions market saw more fluctuations over the past week, with the permit price climbing back to the 100 yuan ($14.26) level amid growing compliance demand.
Read MoreChina’s Chongqing introduces incentive mechanism for local ETS
China’s Chongqing has introduced an incentive mechanism to encourage companies regulated by the local emissions trading system to take more climate actions, as it released the 2023 allocation plan for the scheme.
Read MoreShanghai to auction off 2.8 mln carbon allowances under local scheme
The Shanghai government will auction off 2.8 million carbon allowances under the local emissions trading scheme a the end of this month to ensure regulated emitters can meet their compliance requirements.
Read MoreCN Markets: CEA price rebound to 90 yuan level, trading volumes increase
Chinese carbon allowance prices saw a modest recovery over the past week after the national holidays, with trading activity continuing to pick up ahead of the compliance deadline.
Read MoreChina launches pilot programme for sustainable aviation fuels
China has launched a pilot programme for sustainable aviation fuel (SAF), with the first batch of flights carried by domestic airlines refuelled with green fuels this month, the country’s aviation regulator announced Thursday.
Read More
