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    Home > Chemicals Industry > Rubber Plastic News > Sinopec completes the first large-scale agreement transaction in the national carbon market

    Sinopec completes the first large-scale agreement transaction in the national carbon market

    • Last Update: 2022-08-28
    • Source: Internet
    • Author: User
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    On July 21, Sinopec successfully completed the first large-scale agreement transaction in the national carbon market, buying 100,000 tons of carbon quotas in the national carbon market from China Resources Group.
    According to the transaction data officially disclosed by the Shanghai Environment and Energy Exchange, the transaction was a national carbon The first large-scale agreement transaction since the market was officially launched, and the only large-scale agreement transaction in the whole day


    .


    The transfer of carbon emission rights agreement will include two methods: listing agreement transaction and block agreement transaction.
    Among them, less than 100,000 tons will be traded by listing agreement, and more than 100,000 tons (including 100,000 tons) will be traded by block agreement


    .


    The transfer of carbon emission rights agreement will include two methods: listing agreement transaction and block agreement transaction.


    At present, the national carbon emission rights trading market adopts the "twin-city" model, with the trading center located in Shanghai and the carbon quota registration system located in Wuhan, Hubei.


    The 17 self-owned power plants of Sinopec Corp.


    Sinopec actively participates in the construction of the pilot carbon market and the national carbon market
    .


    Sinopec is unswervingly moving towards the net zero goal
    .


    The carbon market refers to a market that trades the emission rights of carbon dioxide and other greenhouse gases as a commodity in order to achieve the goal of controlling the total amount of greenhouse gas emissions.
    It uses market mechanisms to control and reduce greenhouse gas emissions and promote economic development.
    An important institutional innovation in carbon transition

    .
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