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.

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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.

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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.

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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.

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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.

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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.

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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.

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Global efforts to boost blue carbon ecosystems may come with heightened mercury risks, scientists warn

Published 00:59 on December 14, 2024  /  Last updated at 00:59 on December 14, 2024  /  Americas, Asia Pacific, China, EMEA, Nature-based, Voluntary

Expanding coastal ecosystems to fight climate change – so-called ‘blue carbon’ initiatives – could unintentionally increase global mercury pollution, posing a risk to human health and the environment, scientists warn.

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CN Markets: CEAs drop below 100 yuan, trading volumes surge

Published 11:19 on December 13, 2024  /  Last updated at 11:19 on December 13, 2024  / /  Asia Pacific, China

China’s national carbon market saw allowance prices drop below the 100-yuan ($13.74) mark over the past week amid selling pressure, but trading remained robust as emitters rushed to meet the end-of-month compliance deadline.

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China tightens emissions standards for coalbed methane

Published 07:40 on December 13, 2024  /  Last updated at 07:40 on December 13, 2024  / /  Asia Pacific, China

China has revamped its national emissions standards for coalbed methane, in the country’s latest attempt to curb methane output.

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