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Share this article Share this article SINGAPORE, July 16, 2021 /PRNewswire/  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 China s Friday launch of its national carbon emissions trading program, which creates the world s largest carbon market.  The 5 Year Plan (2021-2025) released this spring largely reinforced Paris Agreement nationally determined contribution (NDC) targets. CHINA ETS CARBON PRICES RELATIVELY LOW COMPARED TO OTHER CARBON MARKETS CNL WTT JKTC (ex-Australia Differential) ($/MMBtu) The most likely outlook from Platts Analytics Global Integrated Energy Model shows China s 2030 goals being met, despite the strong rebound in coal and gas burn experienced this year.  A much bigger question is around China s trajectory to achieve the announced 2060 net zero target.

Roman kramarchukBruno brunettiKathleen tanzyAlan hayesHead of energy transition pricingHead of future energy analyticsPlatts analyticFuture energy analyticsEnergy transition pricingEmissions trading schemeLow carbon electricity analyticsPlatts liveபுருனோ பெருநெட்டிக்யாத்லீந் டான்ஸிஆலன் வைக்கோல்உமிழ்வு வர்த்தக திட்டம்