April 25, 2018 – The European Union and China officially launched the three-year long second phase of their emissions trading co-operation programme. In this programme, the EU provides funding amounting to €10 million in an effort to help the world’s top emitting nation to develop and launch its national cap-and-trade
April 19, 2018 – The State Council of China has approved an allocation plan for the trial emissions trading system for the power sector. Although specific details are not yet available, this step is seen as a milestone in the development of the national ETS, as experiences from the trial
According to the “Notice of Emissions Data Collection for the year of 2016 and 2017, and Monitoring Plan Submission (发改办气候〔2017〕1989号)” published last December, the following regions have published their list of key emitters, referring to entities who emitted 260 thousand tons CO2e per year in one of the periods from
27 March 2018 – China recently announced that the Climate Change Office will be moved away from the National Development and Reform Commission (NDRC) to a newly created Ministry of Ecology and Environment (MEE). Xie Zhenhua, China’s special representative on climate issues, stated on the Green Carbon Development Summit on
May 24, 2018 – According to IETA’s annual GHG Market Sentiment survey, 71% of respondents think that the reputation of emission trading could be impacted if the Chinese ETS is not seen as a success by the international community. The survey, which was carried out by PwC with over 100
15 March 2018. Beijing, PR China – Delegates from the Chinese National People’s Congress asked the government to speed up the implementation of the national emissions trading scheme. They furthermore proposed to merge it with the planned energy consumption trading system in order to reduce administrative costs for companies that
14 March 2018 – The Chinese Government announced that the topics of climate change and emission reduction, which are currently with the NDRC, will be moved to the newly created Ecological Environment Ministry. The new ministry will be based on the Ministry for Environmental Protection (MEP), but has been strengthened
9 March 2018 – Shanghai DRC issued a notification requesting all enterprises covered by the Shanghai pilot ETS to submit their emissions reports for the year of 2017 before 31st of March. The list of enterprises equals the 2016 version. http://www.shdrc.gov.cn/xxgk/cxxxgk/33294.htm
May 8, 2018 – The government of Guangdong province has issued 61.000 carbon credits this week, the first ones issued since July of last year. The PHCERs were issued to two forestry projects and will be auctioned by the China Emission Exchange in Guangdong on May 10 at a minimum
