Carbon Emission Tag

Korean Air [003490:KS] announced a partnership with South Korean petroleum and refinery company SK Energy [096770:KS] to use carbon-neutral jet fuel in its fleet on September 6, according to the airline’s press release on the same day. SK Energy will supply one-month carbon-neutral jet fuel...

Singapore’s mobility and delivery service platform Grab kicked off a trial service that focuses on clean energy vehicles in central Singapore on July 14, as reported by Nikkei Asia on July 19. Titled JustGrab Green, the trial would enable commuters to book electric or hybrid...

China’s national carbon emissions trading system (ETS), currently the largest carbon market in the world, officially began online trading at the Shanghai Environment and Energy Exchange (SEEE) on the morning of July 16, as reported by Sina on July 17. On its first day of...

China Petroleum & Chemical Corp (Sinopec) [SNP:US] launched the construction of the country’s first carbon capture, utilization, and storage (CCUS) project above one-million-ton capacity, as reported by Sina on July 5. The project, named after two of Sinopec’s subsidiaries Qilu Petrochemical and Shengli Oilfield, will...

Shanghai Environment and Energy Exchange (SEEE), the current exchange and operating body for China’s soon-to-open national carbon market, issued an announcement on June 22 regarding the rules of the national emission trading scheme (ETS), as reported by Caixin later that day. The announcement stipulated that...

Guangdong’s pilot carbon emission trading market plans to further incorporate five new industries, including construction, transportation, data centers, ceramics, and textile, as reported by Caixin on June 17. At present, the local market regulates six industries: steel, petrochemicals, electric power, cement, aviation, and paper, the...

China’s Ministry of Ecology and Environment (MEE) officially published a set of interim rules for carbon emission rights trading, governing registration, trading specification, and settlement of emission rights for the national emissions trading system (ETS) on May 17. Prior to trading, local governments should first...

China’s Ministry of Industry and Information Technology (MIIT) published new swap rules for new steel production capacity, in order to accelerate the elimination of low-grade and outdated steelmaking capacity and strengthen air pollution control, as reported by Caixin on May 7. According to the latest...

Shanghai launched its first virtual power plant (VPP) action on May 6, as reported by Xinhuanet on May 10. The VPP project covers various types of resources including electric vehicle charging piles, commercial buildings, industrial parks, combined cooling heating and power system (CCHP), energy storage...

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