Today, the European Commission proposed reforms to the EU ETS to make Europe’s carbon market fit for the future. The idea is simple: invest in clean industry, strengthen competitiveness and keep cutting emissions while strengthening our energy independence 🎯 Read more: ec.europa.eu/commission/p...

European Commission boosts Europe's competitiveness, decarbonisation and independence with Electrification Action Plan and ETS review ec.europa.eu/commission/p...

🚀Celebrating 5 Years of China National Carbon Market Since the launch of trading in 2021, it has expanded from covering 5 billion tons of emissions from 2162 power sector enterprises, to 8.3 billion tons from 3378 enterprises in Power Aluminium Cement Steel sectors, 65% of China's emissions

❗More info about the upcoming 17 July EU ETS review package -ETS Cap linear reduction factor -Market Stability Reserve -Scope expansion to departing flights (some) www.bloomberg.com/news/article...

❗Waiting for 17 July EUETS review package The European Commission will propose a decade-long framework for companies to use support under the ETS Investment Booster, which will allocate 400 million allowances to selected firms that pursue decarbonization projects. www.bloomberg.com/news/article...

💡 A milestone for China's Renewables deployment policy: moving into the 'consumption-driven' era On 22 June, the NDRC and 3 other ministries (industry, buildings, transport) jointed issued Implementation Measures on Renewables consumption targets

On Thursday, EU carbon price held above €80, supported by heatwave driving up cooling demand/thermal power (Montel) An “extreme” heatwave of up to 42C set to hit western Europe this weekend has pushed front-week power prices above €100/MWh in France and Spain www.bloomberg.com/news/article...

Report: The New Carbon Order: China’s Response to Europe’s CBAM China is moving toward instituting a broad system of carbon management and accounting to support its domestic #ETS and help firms mitigate the potential negative effects of #CBAM www.csis.org/analysis/new...

On Monday EU carbon price crossed the EUR 80 mark after Bloomberg news reported that the 2026-2030 EU ETS benchmarks have been approved I think the relief rally was triggered by the fact that Commission resisted the pressure to water down the rules www.bloomberg.com/news/article...

🏭China state planner released 3-year action plan on energy savings and carbon reduction in key industries The upgrade and efficiency improvement measures are expected to reduce emissions by a total of 200 million tons. www.ndrc.gov.cn/xwdt/tzgg/20...

🎉 Countdown to London Climate Action Week #LCAW Look forward to attending events and meeting so many of you from the climate and carbon markets community in London next week.

On 12 June, China's environment ministry approved in principle the 'National 15th Five-Year Plan for Addressing Climate Change'

🔛 China's transition into #Carbon Dual Control hits the START button On 9 June, Shanghai Municipality issued a notice on the 'Assessment of Energy, Carbon Emissions and Intensity of key units in 2025' fgw.sh.gov.cn/fgw_zyjyhhjb...

The EU wants to extend charges for carbon emissions to foreign flights and use the revenue to support its transition to clean energy. The proposal is part of a reform of the EU ETS www.bloomberg.com/news/article...

China is preparing to spend $295 billion over five years on building data centers across the country #AI The idea is to rely on local suppliers including Huawei for at least 80% of technology such as AI chips www.bloomberg.com/news/article...

Since the launch of trading in July 2021, China's national carbon market #ETS now covers four industries: power generation, steel, cement, and aluminum smelting, including more than 3,300 enterprises and 8.2 billion tons of emissions www.cets.org.cn/hjywt/7382.j...

China’s first prefabricated computing power hub has started operations, offering a faster and lower-cost way to build and supply electricity to data centers, according to a report from China Central Television. www.bloomberg.com/news/article...

📺30 minutes In-depth interview with Robin Zeng of #CATL, by China Caijing News Zeng shared his vision about transforming CATL to an Zero-Carbon Tech Company, 🔋new technologies, 🤖AIDC, Critical materials, Globalization, etc.

💶 More details on the funding sources of the much-anticipated #EUETS investment booster Bloomberg: EU Designs €30 Billion Carbon Market Tool to Avoid Permit Deluge financialpost.com/pmn/business...

The EU ETS surplus indicator: TNAC for 2025 has been released It stood at 1023.5 Mt, falling below the buffer of 1096 Mt for the first time 190 Mt EU ETS allowances (intake rate 18.6%) to be placed into the Market Stability Reserve between September 2026 and August 2027

For years, the biggest criticism of renewables was simple: “What happens when the sun isn’t shining?” The answer is increasingly: battery storage. 24/7 solar power is no longer theoretical. In some places, it is becoming economic reality.

❗ China issued high-level Opinions on Energy Conservation and Carbon Reduction This policy sends a clear signal that China is staying course on its climate commitment Carbon Peak/Neutral/NDC #ParisAgreement

China will “significantly increase” the supply of non-fossil energy by 2030 and double it by 2035 compared with 2025 levels www.bloomberg.com/news/article...

We're proposing an update to the Market Stability Reserve Decision to ensure a stable, well-functioning carbon market. The EU ETS is key for decarbonisation, reducing fossil fuel consumption, lowering import dependence and driving investments ↓ link.europa.eu/nXnwGc

On 1 April, the EU announced new measure to reinforce the stability and predictability of its carbon market EUETS The Commission proposes to stop the invalidation mechanism in MSR, allowing these allowances to be kept as a buffer that can support market stability

🚢 🇨🇳 posts by Chinese crew from one vessel currently stranded in the Strait of #Hormuz on social app Xiaohongshu (Rednote)

Demand for electric vehicles is high at a BYD Co. car dealership in Manila, with a month's worth of orders in just two weeks, according to salesman Matthew Dominique Poh. Clients are replacing gas-powered vehicles with electric vehicles due to oil price hikes www.bloomberg.com/news/article...

Disruption in the Strait of Hormuz: Implications for China’s energy markets and policies new report by OIES reviews China’s exposure to supply outages from Iran, the disruptions to the Strait of Hormuz and how it impacts energy flows. www.oxfordenergy.org/publications...

China “clean energy bases” plan ...from the draft outline of the 15th Five-Year Plan (2026-2030) for national economic and social development, submitted to top legislature on 5 March for review. #TwoSessions2026

China set a new climate target to cut carbon emissions per unit of gross domestic product by 17% by the end of the decade. #TwoSessions2026 #155 www.bloomberg.com/news/article...

China's government has told the country's largest oil refiners to suspend exports of diesel and gasoline due to an escalating conflict in the Persian Gulf. www.bloomberg.com/news/article...

⛽ China signals new strategic push into #Sustainble fuels ...at this time with energy security high on the agenda amid heightening geopolitical risks #Hormuz 🚢

China 2025 Statistical Communiqué on National Economic and Social Development CO2 emissions/GDP (10kCNY) fell 5% y-o-y

❄️☀️ Winter

China to dismantle local power protectionism in push to electrify national grid “basically” establish a unified national power market by 2030 and to have the system “fully in place” by 2035. www.scmp.com/economy/chin...

🐴 New Year’s Eve today 🧨 🥟 #ChineseNewYear2026

INTERVIEW of Jos Delbeke by @nkurmayer.bsky.social Why Europe shouldn’t give up on carbon pricing just yet Jos Delbeke on why renewables are the answer to high electricity prices, and how the EU needs to up its diplomatic game www.euractiv.com/news/intervi...

For months, European capitals have attacked the EU's environmental policies, arguing onerous green rules were strangling their economies. But the bloc's single biggest weapon for slowing global warming remained off-limits. That taboo was broken last week.

The Chinese environment ministry has asked petrochemicals plants, copper smelters, airlines and other heavy polluters to report their emissions, a key step to expanding the nation’s carbon market. www.bloomberg.com/news/article...

✈️China national Carbon market prepares further sectoral expansion, to more industrial sectors and civil Aviation, likely by 2027 The 9 Feb 'Notice on 2026 national ETS work tasks' mandates reporting of 2025 GHG emissions by key enterprises in six more sectors by 31 Mar:

China already has the power grid of the future, writes @davidfickling.bsky.social The problem is that it’s being used in a grossly inefficient manner: www.bloomberg.com/opinion/arti...

Europe's energy paradox is undermining the continent's competitiveness and energy security due to bottlenecks within and between national grids. www.bloomberg.com/opinion/arti...

🏒🏒🏒 in sync with #MilanoCortinaOlympic2026 Sunday visit to 1994 Olympic city Lillehammer 🇳🇴 for daughter’s ice-hockey tournament #hockeymum

🔆 🔆 🔆 China to add 180 to 240 GW Solar capacity in 2026 ...latest forecast by China PV industry association released on 5 February. It also projects China to add 265 to 300 GW solar in 2028, 270 to 320 GW in 2030, avg 238-287 GW/yr during 2026-2030

🔆China electricity consumption to grow 5%-6% in 2026 said China Electricity Council in its latest 2025-2026 analysis and outlook report For 2026, it also expects power peak load to rise to 1570-1630 GW, and Solar capacity to take over Coal

On Tuesday morning, the EU carbon price rebounded above €84, tracking the broad recovery in stocks and metals, as well as sustained support from funds rebuilding #EUETS positions, as I discussed in this Bloomberg news story from yesterday.

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NEW: China power market: the shift to 'Energy + Capacity' On 30 Jan, NDRC and NEA released 'Notice on enhancing the capacity mechanism for power generation' 🔑 For the first time at a national level, #energystorage and #gas power are explicitly included in capacity mechanism

China adds more power capacity in a year than most countries have total “The build-out remains very strong, with super robust numbers going from record to record,” said Michal Meidan, the head of China energy research at OIES www.bloomberg.com/news/article...

In 2025, China added ☀️ 315 GW Solar capacity 💨 119 GW Wind capacity Total installed capacity as of 2025