China’s carbon market is moving from burden to boon

Quick Summary:

By expanding beyond power generation, the market will increase its trading, diversity and liquidity, raising carbon asset value.

Much carbon trading has therefore taken place between companies within the same big conglomerates, reducing activity on the actual carbon market.

The upcoming expansion round will boost China’s carbon market not only by increasing confidence and trading, but also by improving the market’s make-up.

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Article Details

Author / Journalist: Xu Nan

Category: EconomyBusiness

Markets: SingaporeChina

Topics: Steel Energy transition Decarbonisation Fossil fuels Reporting Carbon offsetting Electricity Sustainable finance Cement Carbon footprint Energy Economy Mining Power plants Emissions Aviation Carbon credits Carbon trading Research

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 03:31:00 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 1788 words

Reading Time: 10 minutes read

Sentences: 91 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 22564858

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About Eco-Business

Main Topics: EconomyBusiness

Official Website: eco-business.com

Update Frequency: 4 posts per day

Year Established: 2009

Headquarters: Singapore

News Last Updated: 19 hours ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

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Publisher ID: #100

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