CN Markets: CEAs extend losses amid bearish sentiment, liquidity improves
Permit prices in China’s national emissions market fell below the RMB 70 ($9.71) threshold for the first time in 16 months, with analysts expecting the bearish sentiment to extend into the second half of this year.
Read MoreChina should include clean energy share target in 2035 NDC, report says
China should add a clean energy share target to its 2035 nationally determined contribution (NDC), given that wind and solar sources alone could contribute more than 40% of total power generation by 2030, according to a paper released this week.
Read MoreHK-listed energy firm in push for building-sector carbon credits
A Hong Kong-listed energy service provider has tapped into the voluntary carbon market, with plans to create credits by reducing emissions in the building sector.
Read MoreClean energy drives down China’s CO2 emissions for the first time, report says
Growth in China’s clean power generation has led to a decline in the country’s CO2 output, but changes in global trade dynamics and domestic renewables policy could complicate the emissions outlook, according to a report published Thursday.
Read MoreChina sees shift in overseas energy portfolio, but coal still dominates overall stock -report
China’s overseas power plant portfolio has shifted to cleaner energy sources, but the overall stock is still heavily concentrated in fossil fuel projects, according to a recent report.
Read MoreNearly half of China’s overseas investments are in renewables, a fifth of it in Africa, report finds
Almost half of China’s foreign investments over 2010-24 were in the renewable energy sector, and African economies received a fifth of those in the previous decade alone, according to a recent report.
Read MoreUPDATE – Brazil, China deepen bilateral engagement on decarbonisation
Brazil and China’s public and private sectors are coming together on decarbonisation initiatives, meeting and signing agreements this week that officials and observers alike have characterised as Global South leadership during a climate policy power vacuum.
Read MoreCCUS at Chinese coal plants could be scaled for global decarbonisation push, lobby argues
China is providing a new business case and proof of concept for carbon capture, utilisation, and storage (CCUS) at coal-fired power stations, dropping the cost of capture by over 40% and demonstrating the tech’s scalability for emissions reductions, a paper from an Australian coal lobby group argued Monday.
Read MoreCN Markets: CEAs plunge to 16-mth low, trading volumes stable after permit pre-allocation
Prices in China’s national emissions market continued to decline over the past two weeks, falling to their lowest level in 16 months, but liquidity remained healthy after the annual pre-allocation of permits to ETS participants.
Read MorePractising ERW near CO2 sequestration sites could mitigate leakage risks -study
A study published Thursday suggests that co-practising enhanced rock weathering (ERW) near geologic carbon sequestration sites could serve as a prewarning system for CO2 leakage while also mitigating seepage.
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