Carbon Credit | South China Morning Post
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  • Jan 26, 2015
  • Updated: 6:35am

Carbon Credit

China's national carbon credit exchange likely delayed to 2016-2020

David Tang of Tianjin Climate Exchange says China's carbon bourses need verification of the data they receive. Photo: Dickson Lee

It will take time for the nation's seven pilot exchanges to build up sufficient data-collection infrastructure and trading rules, let alone operate smoothly and come up with a model that works nationwide, said David Tang Yue-tan, secretary of the board of Tianjin Climate Exchange.

Friday, 14 June, 2013, 3:49am

Subsidies offered to cut emissions

Some 200 companies will receive a subsidy of up to HK$30,000 to conduct carbon audits under a government scheme to encourage businesses to reduce carbon emissions.

22 Mar 2012 - 12:00am

Beijing's stance on airline emissions stinks of hypocrisy

Hypocrites from 26 countries will gather in Moscow today, where they will discuss how to punish the European Union for trying to do something about climate change.

What's got up their noses is the EU's insistence that airlines flying to or from European airports must, like other big polluters, join its cap-and-trade scheme aimed at reducing greenhouse-gas emissions.

21 Feb 2012 - 12:00am

Why airlines should shut up and pay up

Conversation took a turn for the worse at a dinner party I was at recently, when the guests began to boast about their environmental credentials, each claiming to be greener than the others.

9 Jan 2012 - 12:00am

Environmental engineers in demand

Any organisation looking to cut its contribution to global warming needs to know the scale - and the sources - of the greenhouse gas emissions it is responsible for.

Many companies can now measure their energy consumption by analysing factors such as the buildings they use, and the business travel they rack up. However, this does not tell the whole story.

10 Dec 2011 - 12:00am

Debt woes threaten global climate talks

Global talks starting later this month to iron out a new regime to succeed the Kyoto Protocol greenhouse gas emission reduction agreement will unlikely yield a binding consensus.

7 Nov 2011 - 12:00am

Green tax to hit air passengers

Asian airlines including Cathay Pacific are likely to have to pay up to US$400 million a year for their carbon emissions on European routes from January - a cost likely to be passed on to passengers.

The green tax, imposed by the European Union in an attempt to lower greenhouse gas emissions, would mean an extra cost of US$8 per passenger on average.

6 Sep 2011 - 12:00am

Post sweeps Citi business journalism awards

The South China Morning Post has scooped the prize pool in the Citi Journalistic Excellence Award 2011 announced yesterday.

The Post's business reporters won three of the awards, with the top award in Hong Kong going to deputy property editor Sandy Li for her article 'Shanty towns are no place to call home'. Li won the first runner-up title in the 2010 competition.

15 Apr 2011 - 12:00am

British carbon swap supports wind farm plan

A British energy company will support the development of four new wind farms in Liaoning province under a carbon trade agreement reached with a big mainland power producer in Beijing yesterday.

Scottish and Southern Energy would buy 2 million carbon-emission-reduction certificates from China Guodian Corp over five years from next year, Xinhua reported.

11 Sep 2007 - 12:00am

Glaring inefficiency

The Riviera is one of many artificial suburban communities on the outskirts of Beijing in Shunyi district. Reminiscent of a Norman Rockwell painting dropped into the middle of Beijing's rural suburbs - with a 'Disney Main Street USA' tackiness - by day, it has the stifling cleanliness of a hospice ward.

14 Aug 2007 - 12:00am

Beijing considers EU-style carbon trading

The mainland may set carbon emissions quotas and establish a carbon-trading exchange based on Europe's cap-and-trade system under plans to use financial incentives to improve energy efficiency and cut pollution.

1 Aug 2007 - 12:00am

A market for greenhouse gases

A carbon credit is a licence to emit one tonne of greenhouse gases into the atmosphere.

2 Jul 2007 - 12:00am

Pollution concern offers HK chance to achieve twin goals

If Hong Kong's new administrative team really wants to deliver Chief Executive Donald Tsang Yam-kuen's declared policy objectives, it has an enviable opportunity to kill two birds with one stone.

Among Mr Tsang's five main aims are maintaining Hong Kong's development as an international financial centre and improving the city's quality of life.

25 Jun 2007 - 12:00am

Global airline body tackles harmful emissions on mainland

An international organisation representing 260 airlines has been working with mainland authorities over the past three years to improve airport operating efficiency on the mainland in an attempt to cut down on flight times and harmful emissions.

30 Mar 2007 - 12:00am

Profiteering from the end of the world as we know it

Hong Kong's lack of planning for reducing carbon emissions confronts us all: yet everyone in a position to do something significant about it fears damage to the bottom line. US President George W. Bush's pie-in-the-sky solution to solar radiation is distracting and wrong.

3 Feb 2007 - 12:00am