Sun, Apr 20, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Environmental Trading more

China has carbon exchanges now, carbon pricing by 2015 and carbon tax by 2020

Posted on 14 October 2013

China has some carbon exchanges now. They trade carbon permits in seven trial markets. The price is about $7 to 10 per ton of CO2. China will likely add seven pilot carbon pricing systems by 2015. China is expected to add a carbon tax by 2020 and national emissions trading by 2020. These moves will increase the financial incentives for nuclear energy, hydro power, solar and wind power in China.
Carbon permits on the Shenzhen Emissions Exchange, the first of seven trial carbon markets being launched in China, have risen to a price exceeding those in Europe According to Bloomberg New Energy Finance (BNEF) Shenzhen carbon allowances for 2013 increased to US$7 a tonne, up from US$5 a tonne on June 18, the first day of trading………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930