Welcome to the
MIRATECH Solutions Guide

MIRATECH is the expert in providing fully integrated, proven exhaust compliance solutions for anyone using industrial engines in a Power Generation, Gas Compression and Mechanical Drives.

Review
Your Solution
Contact us for
Pricing & Details
continue

Tell us about your needs

Your selction did not return any results.
Please adjust your selection and try again.

Applications

  1. Gas Compression
  2. Power Generation
  3. Rail
  4. NESHAP Regulations
  5. Industrial
  6. Air Compression
  7. Liquids Pumping
  8. Bio-Gas
  9. Greenhouse CO2 Enrichment
  10. Industrial Marine

Engine Type

  1. Bi-Fuel Diesel and Natural Gas
  2. Diesel
  3. Natural Gas Lean Burn
  4. Natural Gas Rich Burn

Noise Control

  1. Yes
  2. No

Engine Size

  1. 20 to 200 hp
  2. 200 to 1350 hp
  3. 1350 to 10,000 hp
  4. 10,000 hp and above

Regulated Pollutants

  1. NOx
  2. NO2
  3. CO
  4. VOC (NMNEHC)
  5. HAP's
  6. Particulate Matter (PM)
RESET
 
continue

Submit your Request for Pricing and Details

Your Solution(s):

Contact Information

Error: Please complete form.


Thank You!
back
submit

China’s Shanghai allows surplus permits in extended carbon scheme.

The Shanghai carbon market, one of China’s pilot emissions trading schemes, will allow participants to use surplus permits from the last three years of trading to comply with emissions targets over 2016-2018, the local government said on May 9, 2016 according to a Reuters report.global carbon markets slide

China is preparing to launch a nationwide carbon trading scheme next year, but regulators have not said whether permits on the seven pilot exchanges would remain valid afterwards, and the ruling by Shanghai could bring some clarity to the market.

The policy statement issued by the Shanghai municipal government on May 9th also suggested local markets would continue to operate until at least 2018, allaying market concerns that they would be superseded by the nationwide scheme.

Shanghai will allow more than 300 local emitters covered by the city’s carbon scheme to convert surplus permits into “Shanghai Emission Allowances” (SHEA) once the first phase of trading, covering 2013-2015, ends on June 30, 2016, the city government’s statement said.

Emitters will be allowed to carry over one third of their surplus per year during the 2016-2018 period, the statement said, while financial institutions can convert any permits they have bought through in-exchange trading in one go.

Shanghai announced earlier this year that it would add another hundred emitters to its market, a move seen as countering the expectation that 30-40 of the biggest participants will jump straight into the national exchange with it is launched.

“Companies not liable to trade on the national market will still commit to local obligations after the national market starts operating in 2017,” the exchange official said.

What this means to you
Carbon markets continue to increase globally. The Shanghai carbon market, one of China’s pilot emissions trading schemes, will allow participants to use surplus permits from the last three years of trading to comply with emissions targets over 2016-2018.

MIRATECH can help
Contact MIRATECH to learn more about stationary engine emission control solutions.

toll free: 800-640-3141

Request a Quote Today!

  • This field is for validation purposes and should be left unchanged.