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Author: Ji Min
Author unit: Research Institute of Economics and Technology
On March 15, the ninth meeting of the Central Finance and Economics Commission proposed to incorporate carbon peaking and carbon neutrality into the overall layout of ecological civilization construction, and to decompose related tasks, further demonstrating China’s responsibility as a major country in responding to climate change and deepening the energy revolution.
The process of achieving carbon peak and carbon neutral goals is a broad and profound social system reform involving all aspects of the operation of the national economy.
The core function of the carbon trading system is to change the cost disadvantages of low-carbon energy suppliers in market transactions.
Since 2013, my country has successively established nine carbon emission trading pilots, and overall progress has been relatively slow.
In February of this year, the "Management Measures for Carbon Emission Trading (Trial)" issued by the Ministry of Ecology and Environment was formally implemented.