China to open power market to major polluting industries
Four of China’s biggest industries will join the nation’s burgeoning power market, allowing them to negotiate prices bilaterally as part of the government’s market reform in a process deemed crucial for the chances of the national ETS to successfully cut the sector’s GHGs. July 19, 2018 Carbon Pulse
Shanghai to auction 2 mln CO2 permits to ease ETS compliance process
Shanghai will offer 2 million carbon allowances in an additional auction on July 31 to help local emitters comply with the municipal cap-and-trade programme amid a dearth of supply. July 16, 2018 Carbon Pulse
Experts suggest carbon border measures against US as EU, China move closer on climate
The rest of the world should retaliate against the US’ escalating trade tariffs with carbon border adjustments rather than tit-for-tat countermeasures, according to researchers. July 16, 2018 Carbon Pulse
Hong Kong to launch carbon crediting scheme for building sector
Hong Kong is planning to launch a carbon crediting scheme for its building sector that could generate 2.5 million allowances a year, and it is developing a blockchain-based trading platform to create a domestic market for the units, according to government officials. July 13, 2018 Carbon Pulse
Expectations dim for functional Chinese carbon market before 2020 -survey
Fewer people believe China’s national carbon market will be fully operational this decade, a new survey has revealed, as policy risks and expectations of lower allowance prices fuel pessimism and hold back industry from making low-carbon investment. July 10, 2018 Carbon Pulse
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