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FEATURE: Countries set to spurn UN chief’s calls for more climate ambition

Published 11:12 on August 30, 2019  /  Last updated at 11:28 on August 30, 2019  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Other APAC, South & Central, South Korea, US  /  No Comments

World leaders are unlikely to heed the UN secretary-general’s calls for countries to ramp up their Paris Agreement ambition next month, as domestic concerns and indifference from the US administration and other global heavyweights outweigh increasingly alarming evidence of a climate emergency.

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US trade war clouds prospects for China’s climate ambition, official says

Published 07:36 on August 30, 2019  /  Last updated at 07:36 on August 30, 2019  /  China, China's National ETS, Climate Talks, International  /  No Comments

The trade war with the US and the general downturn in China’s economy is making it tougher for China to act on climate change, a senior government official said Friday, dodging questions from reporters on whether Beijing would respond to calls from the UN Secretary-General to raise ambition levels at a summit in New York next month.

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Hydrogen could decarbonise global steel production with $35-50/t carbon price -report

Published 09:21 on August 29, 2019  /  Last updated at 09:39 on August 29, 2019  /  Africa, Americas, Asia Pacific, Carbon Taxes, China, China's National ETS, EMEA, EU ETS, International, New Zealand  /  No Comments

Hydrogen could replace fossil fuels in the steel-making process and help decarbonise the sector globally almost completely by 2050 with a carbon price of around $35-50, a report said Thursday.

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China gives regions power to impose natural resources tax

Published 09:31 on August 27, 2019  /  Last updated at 09:31 on August 27, 2019  /  China  /  No Comments

China passed legislation this week allowing local governments to impose taxes on the mining and production of a wide range of natural resources, including fossil fuels.

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CN Markets: Pilot market data for week ending Aug. 23, 2019

Published 11:36 on August 23, 2019  /  Last updated at 11:36 on August 23, 2019  /  China, China's Pilot Markets  /  No Comments

Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.

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China should consider some use of pilot ETS allowances in national CO2 market, expert says

Published 11:39 on August 22, 2019  /  Last updated at 09:39 on September 5, 2019  /  China, China's National ETS, China's Pilot Markets  /  No Comments

China should consider allowing the use of some CO2 allowances from its regional pilot emissions trading schemes in the national cap-and-trade programme in order to maintain market integrity and avoid a price crash in the pilots, according to a recent study.

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CARBON FORWARD 2019 – EU renewable credit prices stumble ahead of France auction debut

Published 08:39 on August 22, 2019  /  Last updated at 11:20 on August 22, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Bavardage, Canada, Carbon Taxes, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

**THIS IS A FREE ARTICLE** – The 4th annual Carbon Forward conference & training day features key insights from environmental markets experts.

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ADB warns of major hurdles for effective carbon pricing in Asia

Published 12:47 on August 21, 2019  /  Last updated at 12:47 on August 21, 2019  /  Asia Pacific, China, China's Pilot Markets, Other APAC  /  No Comments

Asia’s ability to deploy carbon pricing instruments to reduce its greenhouse gas emissions at a lower cost remains hamstrung by regulatory shortcomings and a lack of success in attracting private sector finance, according to an Asian Development Bank think-tank.

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CN Markets: Pilot market data for week ending Aug. 16, 2019

Published 11:32 on August 16, 2019  /  Last updated at 11:32 on August 16, 2019  /  China, China's Pilot Markets  /  No Comments

Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.

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China environment ministry faces uphill battle in push for absolute CO2 cap, more climate action

Published 11:42 on August 14, 2019  /  Last updated at 00:07 on August 15, 2019  /  China, China's National ETS  /  No Comments

China should set an absolute cap on carbon emissions from 2025 to ensure the nation meets its Paris goals, a government think-tank said in a report published on Wednesday, though observers expect resistance from the leadership on climate issues amid larger political and economical concerns.

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