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S&P Global Platts Analytics: China's Carbon Trading Provides Additional Tool for Decarbonization

Share this article Share this article SINGAPORE, July 16, 2021 /PRNewswire/ --ย S&P Global Platts ("Platts"), the leading independent provider of information, analytics, and benchmark prices for the commodities and energy markets today issued an analysis of Chinas Friday launch of its national carbon emissions trading program, which creates the worlds largest carbon market. ย The 5 Year Plan (2021-2025) released this spring largely reinforced Paris Agreement nationally determined contribution (...
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Energy transition remains strong despite pandemic, more work needed for decarbonization

Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Although coal retirements slowed as higher gas prices led to gas-to-coal switching, coal and nuclear will be hit hardest in the years to come as renewables push them out of the mix. Wind, solar and hydro generation jumped 50% year on year in 2020 across the globe, with wind more than doubling year on year, said Bruno Brunetti, Head of Global Power Planning at S&P Global Platts, add...
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