China’s cement industry faces crucial test in decarbonisation push -analysis

Published 05:33 on January 3, 2025  /  Last updated at 01:41 on January 4, 2025  /  Asia Pacific, China

China’s cement industry, a significant contributor to global CO2 emissions, could slash emissions by up to 78% by 2060 with the implementation of advanced technologies and carbon pricing policies, according to a new study.

Read More

Global emissions set to rise as uncertainty boosts fossil fuel markets in 2025, analysts warn

Published 17:32 on January 2, 2025  /  Last updated at 17:32 on January 2, 2025  / /  China, Climate Talks, EMEA, International, Middle East, US

Global greenhouse gas emissions are expected to rise this year as energy demand growth outstrips clean energy supply growth, analysts said on Thursday.

Read More

China hints at ETS inclusion of financial institutions, but timeline remains unclear

Published 07:26 on January 2, 2025  /  Last updated at 07:26 on January 2, 2025  / /  Asia Pacific, China

China’s financial regulator has given the green light to eight other securities firms to be involved in domestic carbon markets, which could lay the basis for the inclusion of financial institutions in the national emissions trading scheme, according to analysts. 

Read More

China clarifies trading rules for national offset market

Published 07:20 on January 2, 2025  /  Last updated at 07:20 on January 2, 2025  / /  Asia Pacific, China

China has announced a set of trading rules for China Certified Emission Reductions (CCERs), as the country’s national voluntary market is expected to see the issuance of new credits shortly.

Read More

2025 to be year of uncertainty for energy markets -outlook report

Published 23:22 on December 23, 2024  /  Last updated at 23:22 on December 23, 2024  / /  Americas, Asia Pacific, China, EMEA, International, US

An outlook report indicates that 2025 will be a year marked by more uncertainty for energy markets than any year since the pandemic as conflicts in Ukraine and Gaza remain unresolved and geopolitical rivalry between China and the West ratchets up.

Read More

CN Markets: CEA price remains below 100 yuan, weekly volume drops

Published 06:02 on December 20, 2024  /  Last updated at 10:32 on January 3, 2025  / /  Asia Pacific, China

Prices in China’s national emissions market were stuck below the 100 yuan ($13.70) mark over the past week, with trading volumes retreating as some major emitters have finalised their 2023 compliance.

Read More

China’s forest carbon offset projects boost vegetation beyond boundaries, study finds

Published 00:52 on December 20, 2024  /  Last updated at 00:52 on December 20, 2024  /  Asia Pacific, China, Nature-based, Voluntary

Forest carbon offset projects in China are improving vegetation not only within their boundaries but also in neighbouring areas, with limited evidence of carbon leakage, a new study has found.

Read More

Inclusion of cement will balloon China ETS size, but only add marginal demand, analysts say

Published 15:42 on December 18, 2024  /  Last updated at 05:41 on December 20, 2024  / /  Asia Pacific, China

Bringing the cement sector into China’s emissions trading scheme will see the total amount of CO2 regulated by the market grow by over a billion tonnes of CO2, but only lead to a minor increase in emissions, analysts have predicted.

Read More

BRICS can link up carbon markets by harmonising standards and methodologies -Russian report

Published 13:41 on December 16, 2024  /  Last updated at 13:41 on December 16, 2024  / /  Africa, Americas, Asia Pacific, China, EMEA, Middle East, Voluntary

Harmonising the rules around growing carbon markets in the BRICS countries would support international trade within the bloc, reducing barriers to cross-border carbon trading and attracting more investors, according to a Russian report.

Read More

China thermal power production stable in November, renewables addition slows

Published 10:45 on December 16, 2024  /  Last updated at 10:45 on December 16, 2024  / /  Asia Pacific, China

China saw annual growth in thermal power production slightly outpace total power output in November, while renewable additions slowed from the same period last year, according to government data published Monday.

Read More