(Source: Shenzhen Emissions Exchange) The Shenzhen Emissions Exchange launched trade in vintage 2017 allowances on Tuesday, 25th July. Read full notice…
(Source: China Emissions Exchange) All of the 775 entities covered under Shenzhen’s pilot ETS were successful in meeting their compliance obligations for the year 2017. Read full article…
(Source: Idea Carbon) On March 14, Shenzhen Emissions Trading and Guangdong Evan Low Carbon Technology Co., Ltd. signed a strategy in Shenzhen Cooperation agreement to jointly promote the national carbon market capacity building work and to establish friendly relations of cooperation. The agreement aimed at the future to promote the national […]
(Source: Economic Times) China’s carbon markets may gain more participants after the successful closing of European carbon broker Virtuse Group’s first deal through its offshore account on Shenzhen’s emissions market, the China Emissions Exchange. Read full article…
Shenzhen Emission Allowances 2015 vintage (SZA2015) have been allocated to the covered entities; trading will start from 1 July 2015.
CCERs sold by the 8 renewable energy projects at Shenzhen Emissions Exchange are probably the first aimed at compliance.
Shenzhen will allow CCERs from renewable energy and forestry, agricultural, and ocean carbon sequestration projects.
The deposits will yield revenue based on interest rate offered by the bank, the compliance entities will receive 1,000 allowances when the deposit is mature.
The Shenzhen Emissions Exchange has announced last week that China CITIC Bank has been enlisted as the fifth third-party depository bank for the exchange.
Virtuse Group hopes to increase volatility in Shenzhen carbon market, eyes role in China’s national emissions trading scheme.