Tag: Emissions Trading

China's national carbon market hit a record 235 Mt traded in 2025 and 961 Mt cumulatively, as aluminium joined power, steel and cement under the ETS cap.

Vietnam's carbon exchange logged its first real trades: 1,310 allowances, seven transactions, and a 10-million-credit Article 6 supply queue behind them.

Washington's final linkage rules take effect October 24, uniting its carbon market with California-Quebec as CCA futures hit three-month lows near $32.

RGGI's third 2026 auction cleared 28.5 million allowances at a record $37.65, releasing Virginia's entire Cost Containment Reserve. What it signals for December.

Mexico issued a record 3.5 million carbon credits in 2025 as its ETS readies for a compliance phase. What the Mexico Carbon Forum signaled for buyers and developers.

Japan has proposed the market design for GX-ETS allowance trading, opening access beyond covered emitters ahead of a fall 2027 trading launch.

Turkey's ETS regulation entered into force on August 27, 2026, fixing allowance design, benchmark-based free allocation, offset use and penalty levels.

The UK ETS Authority has dropped the 2028 start date for bringing waste incineration into carbon pricing, with a new timeline still to come.

New Zealand's Parliamentary Commissioner for the Environment says the NZ ETS will not meet climate goals and calls for a comprehensive review of forestry's role in the scheme.

China has approved its 2025-26 allowance allocation plan, fixing benchmarks for power and the first full-year rules for steel, cement and aluminum.