⚡ China Unveils 15th Five-Year Plan for the construction of New Power System As a roadmap for the next five years, this plan sets a strategic target of 'initially establishing a new, modern power system by 2030' and specific targets too www.ndrc.gov.cn/xxgk/zcfb/tz...

Climate change is making “fire weather” more common, and more extreme

The Age of Unstoppable Wildfires Has Reached Europe

Climate change means giant fires of the kind that ripped across France and Spain are becoming common, with potentially dire consequences for Europe’s economies.

bloom.bg

1/5 SCMP: "After blanketing the country in railways, expressways, airports and seagoing canals to reach a 91 per cent completion rate, the push for the next 4 percentage points raises questions for the world’s second-largest... sc.mp/134hm?utm_so...

How much transport is enough? China eyes 95% coverage across its record network

Beijing aims to expand nation’s world-leading network coverage, raising questions over need for more infrastructure projects as authorities flag ‘weak links’.

sc.mp

On 31 July, China State Council approved 8 new nuclear power plant units (4 projects) #HualongOne mp.weixin.qq.com/s/VWOAq9EIXc...

🌳 China to expand the international influence of its #Carbon market. The 2026 China Carbon Market Conference will take place on 15 September, as which the work plan on Open Coalition on Compliance Carbon Markets will be adopted.

China plans to take a more important role in the global campaign to tackle climate change, according to a 15th five-year plan published by key agencies. www.bloomberg.com/news/article...

China Signals Nation Is Ready to Lead Global Climate Action

China signaled it plans to take a more important role in steering the global campaign to tackle climate change, as officials offered further details on strategy to mitigate and adapt to rising tempera...

bloomberg.com

China released National 15th Five-Year Plan for Addressing Climate Change by the Ministry of Ecology and Environment, jointly with 18 (!) other ministries, highlighting that climate change governance has been elevated to an unprecedented strategic level

📑 State of the Global Carbon Markets: Q2 2026 www.clearbluemarkets.com/download-q2-...

China mulls easing carbon market rules for coal-fired power plants, putting forward less stringent ETS benchmarks in the July draft of 2025-2026 allocation plan compared with earlier versions www.cets.org.cn/tzgg/7409.jh...

📈 The rally in China Carbon market continued this week as market participants wait for the new ETS allocation plan for power and industrial sectors, which likely indicates tighter rules for emitters. Allowance CEA price rose to EUR 12, the highest level since January 2025

My blog post on the EU ETS review www.clearbluemarkets.com/knowledge-ba...

The EU ETS Review Proposal July 2026 : Relief for Industry, Stability for the Market

It's theme is a balancing act: aligning the EU ETS with a 90% greenhouse gas reduction target for 2040, while providing essential relief to ensure Europe’s industrial competitiveness and energy securi...

clearbluemarkets.com

On 23 July, China issued the strategic roadmap for renewable energy under the 15th Five-Year Plan (2026–2030) By 2030: Total installed renewable power capacity reaches 3,500 GW (6000 TWh) Wind & Solar: 2,800 GW www.ndrc.gov.cn/xxgk/zcfb/tz... www.ndrc.gov.cn/xxgk/jd/jd/2...

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...

Commission boosts Europe\'s competitiveness, decarbonisation and independence with Electrification Action Plan and ETS review

The Commission today presents an Electrification Action Plan to make Europe the first electro-powered continent, and a stronger carbon market to support EU\'s industry in the clean transition and elec...

ec.europa.eu

🚀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...

EU Set to Slow Carbon Cuts to Give Industry More Time to Adapt

The European Union is set to slow cuts to emission limits in its flagship carbon market over the next decade, giving heavy industry more time to roll out clean technologies while keeping the bloc on t...

bloomberg.com

❗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...

EU to Give Companies 10 Years to Use New €30 Billion Carbon Fund

The European Union aims to offer its ailing industries as many as 10 years of additional support to shift to cleaner production, under a plan to transfer €30 billion worth of allowances from the bloc’...

bloomberg.com

💡 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...

European Heat Wave Threatens to Spur Record Cooling Demand

Western Europe is baking under a heat wave that threatens to drive record cooling demand, just as warming rivers force French nuclear reactors to curb output.

bloomberg.com

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...

The New Carbon Order: China’s Response to Europe’s CBAM

China has been quietly building the institutional architecture needed to navigate the EU's carbon tariff regime.

csis.org

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...

EU Nations Approve Carbon Benchmarks for Handout of Free Permits

European Union member states approved a controversial update of benchmark values for the bloc’s carbon market, taking a key step toward distribution of free allowances to companies in the flagship emi...

bloomberg.com

🏭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...

Europe Plans to Extend Emission Charges to Foreign Flights

The European Union wants to extend charges for carbon emissions to foreign flights and use the revenue to support its transition to clean energy, a move that risks backlash from foreign airlines and g...

bloomberg.com

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...

China Preps $295 Billion Plan to Fund Nationwide AI Buildout

China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years on building data centers across the country, fueling Beijing’s ambition to propel the domestic AI sector and ...

bloomberg.com

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...

China Starts Prefabricated Power Hub for Data Centers, CCTV Says

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 T...

bloomberg.com

📺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.