Our site uses cookies to facilitate your visit. By continuing, you agree to our use of cookies.

Cookie compliance notification

List of Cookies used on Argus Media

Analytics Cookie

These cookies allow us to count page visits and traffic sources so we can measure and improve the performance of our site, using a service provided by Google Analytics. The analytical cookies are non-intrusive, which explains why they are already set when a user accesses this website.

Cookies used: __utma, __utmb, __utmc, __utmz, __SC_ANALYTICS_GLOBAL_COOKIE, __SC_ANALYTICS_SESSION_COOKIE

Compliance Cookies

This cookie is placed if you click the Hide button in this message. It tells us you have read the message and stops this message from displaying.

Cookies used: CookieLawCompliance

Functional Cookies

These cookies are used to enable core site functionality like login and logout. They do not contain any personal information and are automatically deleted when you close your browser.



In Japan? You can go to Argus Japan


Shenzhen ETS allows foreign participation

22 Aug 2014, 11.59 am GMT

Shenzhen ETS allows foreign participation

London, 22 August (Argus) — The Shenzhen emissions trading scheme (ETS) in southern China's Guangdong province will allow foreign investors to start trading its carbon allowances, according to the Chinese State Administration of Foreign Exchange.

Foreign companies already comprise 56pc of all installation units covered by the Shenzhen ETS, while joint ventures between Chinese and non-Chinese companies account for 12pc.

The administration hopes that allowing external investors to participate will improve liquidity, help price discovery and encourage investment in low-carbon technologies.

The Shenzhen ETS, which started just over a year ago, is the first of China's seven pilot cap-and-trade schemes to grant permission in principle to foreign investors. But no date has yet been disclosed as to when foreign investors could enter the marketplace.

The regional emissions reduction schemes are seen as precursors to a nationwide ETS to be introduced by China's top economic planning body the NDRC in 2017. China's six other ETS pilots — in Beijing, Shanghai, Chongqing, Tianjin, Guangdong and Hubei — have not indicated whether they would consider similar moves before the national scheme is implemented.


Send comments to feedback@argusmedia.com

If you would like to review other ArgusMedia.com content options, request more information about Argus' energy news, data and analysis services.

Copyright © 2014 Argus Media Ltd - www.ArgusMedia.com - All rights reserved.

View more news articles

Contact Us

Please enter your details below to request a callback to discuss an Argus product:

I agree to the Argus privacy policy

Subscribe to our blog for updates and analysis on the latest developments in the global oil industry.


Tanker at Night