News Digest Item
21 Jul 2017

“German energy exchange EEX builds foothold in China’s emerging carbon market”

Carbon Pulse

German energy bourse EEX has partnered with several Chinese exchanges to get a foothold in China’s emerging national emissions trading scheme, Kathy Chen and Mike Szabo report for Carbon Pulse. The group is advancing plans to offer trade in euro-denominated offshore carbon derivatives, allowing clients to access the market without the usual political and capital restrictions that typically apply to international investors. “It’s important for multinationals, such as BP and Shell, that have activities in China and will be part of the national scheme to be able to connect what they’re doing in China with what they’re doing elsewhere,” the CEO of EEX, Peter Reitz, told Carbon Pulse.

Read the full story on Carbon Pulse (subscription) here.
Find background on the European emissions trading system ETS in this CLEW factsheet.
Read more on Sino-German energy transition cooperation in this CLEW article.

All texts created by the Clean Energy Wire are available under a “Creative Commons Attribution 4.0 International Licence (CC BY 4.0)” . They can be copied, shared and made publicly accessible by users so long as they give appropriate credit, provide a link to the license, and indicate if changes were made.

Journalism for the energy transition

Get our Newsletter
Join our Network
Find an interviewee