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    Home > Chemicals Industry > Petrochemical News > The world's largest carbon market starts gradually, accelerating preparations for war

    The world's largest carbon market starts gradually, accelerating preparations for war

    • Last Update: 2021-06-12
    • Source: Internet
    • Author: User
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    The National Carbon Emissions Trading Market (the "National Carbon Market"), which will be officially launched at the end of June, is gradually approaching, and many parties are accelerating preparations.


    As one of the core policy tools for the implementation of "carbon peak" and "carbon neutrality", accelerating the construction of a national carbon emission trading market is included in this year's government work report.


    According to Li Gao, director of the Department of Climate Change Response of the Ministry of Ecology and Environment, since 2011, my country has carried out carbon emission trading pilots in 7 provinces and cities.


    On this basis, the first compliance cycle of the national carbon market was officially launched on January 1 this year, involving 2,225 key emission units in the power generation industry; on February 1, the "Management Measures for Carbon Emission Trading (Trial)" was officially implemented; The current "Interim Regulations on the Management of Carbon Emissions Trading Management (Draft Revised Draft)" is also in the process of public comment.


    Li Gao revealed that the construction of the national carbon market has entered a critical stage, and relevant rules for registered transaction settlement will be released as soon as possible, the further construction of the registered transaction system will be completed, the running test of quota allocation will be organized, and online trading will start as soon as possible.


    It is understood that the national carbon emission trading system has landed in Shanghai, and the registration system is located in Wuhan, Hubei.


    “Enterprises are now busy preparing carbon emissions data and must complete the submission before the April 30 deadline.


    According to statistics from the Shengang Securities Research Report, the annual carbon emissions of the power industry are about 4 billion tons, and the first batch of power companies included in the national carbon market account for more than 3 billion tons.


      Sun Chuanwang, a professor at the China Energy Economic Research Center of Xiamen University, suggested in an interview with a reporter from the Economic Information Daily that in the future, the construction of the national carbon market should further highlight the value of carbon assets, gradually reduce the proportion of free allowances, and further expand the coverage of carbon allowance trading.


      Yi Gang, governor of the People's Bank of China, previously stated that the financial management department will cooperate with relevant departments to participate in the management of the carbon market.


      Sun Chuanwang believes that as the intensity of carbon emission reduction continues to increase, companies should improve their carbon asset management capabilities while promoting low-carbon development.


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