Updates from ETS Pilots on 2016 Compliance

24 July 2017 – June saw the end of the fourth compliance cycle in most of the Chinese pilot ETS. In Tianjin, Fujian, and Shenzhen companies had to surrender allowances to cover their 2016 emissions by the end of June; Shanghai extended the compliance deadline until July 11. Beijing as well postponed its deadline from June 15 to July 5. Hubei has prolonged its deadline to July 31. In Guangdong the compliance already ended on June 20

As in previous years, compliance rates are very high with Guangdong, Tianjin, Beijing and Shanghai announcing full compliance. Fujian reported that 2% of the regulated entities failed to submit enough permits to cover their emissions in 2016; in Shenzhen only 1% failed to comply. Further, the city of Baotou in Inner Mongolia, which has signed an ETS regional cooperation strategic agreement with Shenzhen, is the first non-pilot city to achieve 100% compliance. So far, Chongqing has not released any information on 2016 compliance.

Sources:
http://www.shdrc.gov.cn/xwzx/fzggdt/27831.htm
http://fjnews.fjsen.com/2017-07/12/content_19782912.htm
http://www.bjpc.gov.cn/zwxx/tztg/201706/t11074836.htm
http://www.cerx.cn/jystongzhi/5894.htm
http://www.cceex.com/carbon-trading/carbon-trade-pilot/1886.html
http://www.ideacarbon.org/archives/40559
http://paper.people.com.cn/zgnyb/html/2017-07/10/content_1790306.htm
http://www.bjpc.gov.cn/zwxx/gzdt/201707/t11125622.htm
http://www.bjpc.gov.cn/zwxx/tztg/201706/t11074836.htm