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Tag: china carbon
China treads cautiously in setting up carbon emissions trading
2014-02-13 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
South China Morning Herald: China launched five regional carbon emissions exchanges last year, and two more are expected soon, but it is years away from having a mature trading platform. The mainland, which is taking a cautious approach in building a market-based mechanism for the reduction of greenhouse gas emissions, could shorten its learning curve by drawing lessons from the worlds largest carbon market in Europe. China has the advantage of being a late-comer in establishing a market to trade carbon dioxide emission...
Tags: china
setting
trading
carbon
China approves controversial nitrous dioxide carbon offsets
2014-01-26 18:27:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: China will allow big emitters to use offset credits from nitrous dioxide (N2O) destruction to meet domestic climate targets, giving its nod to a type of project that has been banned in other carbon markets. The National Development and Reform Commission (NDRC) published on Wednesday a list of more than 120 new types of projects eligible to earn carbon credits that can be sold to power generators and manufacturers facing emission caps under China's fledgling carbon markets. The list included destruction...
Tags: china
carbon
controversial
dioxide
Carbon markets in China face permit surplus: Report
2014-01-22 10:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Economic Times: China's new carbon markets are likely to be over-allocated due to their heavy reliance on companies' own emissions data, making the permits inefficient as drivers of investment in cleaner technologies, a Beijing-based green group said. The world's biggest emitter of planet-warming greenhouse gases has in recent months become the second biggest market after the European Union for trading of emission permits. Five cities and provinces in China have launched schemes that regulate carbon dioxide...
Tags: report
china
face
markets
China and Mexico roll out carbon trading schemes
2013-11-27 01:28:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Efforts in China and Mexico to boost investment in low carbon goods and services took a major step forward with the unveiling of three new carbon trading schemes. China yesterday extended its pilot carbon trading schemes to Beijing and Shanghai, where major emitters will now be forced to pay for any greenhouse gases they emit above a certain quota by purchasing carbon credits. The schemes are the second and third of seven pilots expected to launch in China after a similar scheme began in Shenzhen...
Tags: china
mexico
roll
trading
First Shanghai carbon permits trade China moves on emissions
2013-11-26 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The first carbon permits in Shanghai traded at 27 yuan ($4.43) on Tuesday, as the financial hub launched China's second such trading scheme in a bid to cut its fast-growing greenhouse gas emissions. Three trades for a total of 9,500 permits for 2013 compliance, known as Shanghai Emissions Allowances (SHEAs), went through in the first half-hour after the market opened. A third carbon market will open in Beijing on Thursday. China is the world's biggest emitter of greenhouse gas emissions, but...
Tags: china
trade
moves
carbon
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