No cap will make China’s carbon market less efficient -report
China’s decision to make its ETS intensity-based rather than having an absolute CO2 cap will make emission cuts more expensive, according to researchers, who say the system can still achieve significant reductions.
Read MoreCN Markets: Pilot market data for week ending Jan. 10, 2020
Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.
Read MoreChina hints at lower CO2 permit allocations for emitters late to submit data
China’s environment ministry has ordered power plants set to be included in the national emissions trading scheme to provide 2019 data that will be used as basis for the allocation of CO2 allowances, signalling that those that miss the May 31 deadline will receive fewer permits.
Read MoreGuangdong to auction 400k CO2 permits on Feb. 12
China’s Guangdong province will auction off 400,000 carbon allowances under its emissions trading scheme on Feb. 12, the China Carbon Exchange in Guangzhou said Tuesday.
Read MoreCN Markets: Pilot market data for week ending Jan. 3, 2020
Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.
Read MoreCN Markets: Pilot market data for week ending Dec. 27, 2019
Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.
Read MoreCN Markets: Pilot market data for week ending Dec. 20, 2019
Closing prices, ranges and volumes for China’s regional pilot carbon markets this week.
Read MoreWorld Bank loan to bolster China’s fledgling forest carbon market
The World Bank has agreed to fund almost a quarter of a Chinese government forest ecosystem programme in the upper Yangtze region set to store some 23.5 million tonnes of CO2 over the next three decades and supply carbon credits to the national emissions trading scheme.
Read MoreFive UK carbon fraudsters ordered to repay £20.6 mln or face more jail time
Five men sentenced to a combined 43 years in prison for investment fraud related to the reforestation carbon market have been ordered to repay £20.6 million or face an additional 37 years in jail.
Read MoreCOP25: Testing Article 6 talks delayed for second year after marathon UN climate summit
Marathon UN climate talks in Madrid finished on Sunday afternoon without agreeing rules for international emissions trade under the Paris Agreement’s Article 6, as beleaguered hosts Chile pushed the record-long summit to try to broker a deal on a handful of sticking points.
Read More