Environmental Engineering Reference
In-Depth Information
7.4.4 Guangzhou Carbon Emissions Exchange
On September 11, 2012, Guangzhou Carbon Emissions Exchange, specially named
with “carbon” was listed. It officially launched VER transactions on project basis
and the preliminary work for allowance transactions based on overall control.
Guangzhou Carbon Emissions Exchange will allocate carbon trading allowances in
accordance with preferential allocation principle and intends to introduce institutional
investors or adopt real-time on-line listed trading by way of fund operation.
Guangzhou Carbon Emissions Exchange will carry out business of carbon emission
allowances, and CERs, carbon sink, voluntary greenhouse gas emission reduction
issued by the NDRC and other varieties within Guangdong province, and thus realize a
series of financial innovations.
On the day of establishing, Guangzhou Carbon Emissions Exchange launched
the primary market of the first allowance trading in its platform: four cement
enterprises signed carbon emissions allowance subscription confirmation and the
seller is the Guangdong Provincial Government.
7.4.5 China Shenzhen Emission Rights Exchange
On September 30, 2010, China Shenzhen Emission Rights Exchange was jointly
launched by Shenzhen United Property and Share Rights Exchange and Shenzhen
Energy Group. As the carbon trading pilot in Shenzhen, the Exchange has
completed capital increase in 2012. The registered capital increased from 15
million Yuan to 300 million Yuan, becoming the Exchange with largest registered
capital in China.
In August 2011, China Shenzhen Emission Rights Exchange launched carbon
neutral project during Shenzhen Universiade, which is the carbon neutral project
directed at domestic large-scale sport events for the first time and are carried out via
the platform of China Shenzhen Emission Rights Exchange. Different from previ-
ous neutral projects that mainly adopt carbon sink forests, costs for the carbon
neutrality are also used to support clean energy production.
Guangzhou Carbon Emissions Exchange and China Shenzhen Emission Rights
Exchange are also members of the first batch of exchanges filed in the
Interim
Measures for the Administration of Voluntary Greenhouse Gas Emission Reduction
Transactions.
At present, the existing relevant exchanges in China are shown as follows
Table
7.5
:
