CN Markets: CEAs moves near 93 yuan, weekly trading volume stable
Chinese carbon allowance prices saw a modest recovery over the past week with stable trading volumes, as analysts remained cautious about the whole-year price outlook due to a newly introduced policy.
Read MoreVeteran carbon analyst leaves LSEG
A veteran carbon analyst has left LSEG after six years, around 18 months after several colleagues resigned to join a rebranded analytics firm also covering carbon markets.
Read MoreChina sees first batch of CCER carbon projects open for public comment
China has listed the first batch of voluntary carbon projects under the national offset programme for public consultation, moving one step closer to the issuance of new credits.
Read MoreCN Markets: CEA trading activity stable, CCER liquidity remains stagnant
China’s national carbon market saw its price mostly remain below the 90 yuan ($12.69) benchmark with stable liquidity, while the offset market continued to see low trading volumes as supply remains tight.
Read MoreETS2 can soften impact of EU tariffs on Chinese electric cars, experts say
The EU needs to advance preparations for its upcoming carbon market for road transport and heating fuels, known as ETS2, as new tariffs on Chinese electric vehicles may convert into higher costs for consumers, experts told Carbon Pulse.
Read MoreVerra rejects 37 Chinese rice cultivation projects, sanctions proponents, VVBs
Verra has taken ‘unprecedented action’ after rejecting 37 rice cultivation projects based in China and also imposing sanctions against the proponents and validation and verification bodies (VVBs) involved, the standard body announced Wednesday.
Read MoreChina’s Tianjin to add more companies under local ETS
The Tianjin municipal government is seeking to expand the coverage of companies regulated under the local emissions trading scheme (ETS).
Read MoreMajor Asian nations must abandon LNG to decarbonise shipping sector -report
Countries including China, Japan, and South Korea must abandon the use of liquefied natural gas (LNG) as a bridge fuel in order to fully decarbonise their shipping sector, a report released Wednesday said.
Read MoreLarge economies face significantly different challenges to decarbonising steel -report
China, India, and the US face vastly different challenges on the path to decarbonising the hard-to-abate steel sector, according to a new report.
Read MoreChina opens window for CCER project registration
China has begun accepting applications for carbon projects under the national offset programme, with participants expecting new credits to be issued by the end of the year.
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