Ningxia has issued detailed rules for the implementation of carbon emission trading management

On December 15, the reporter learned from the Department of Ecology and Environment of the Autonomous Region that the "Implementation Rules for the Management of Carbon Emission Trading in Ningxia Hui Autonomous Region (Trial)" will be officially implemented from December 22, 2023, aiming to standardize and strengthen the verification of greenhouse gas emission reports of enterprises in key industries in our region and the management of quota trading in the national carbon emission trading market, improve the quality of carbon emission data and ensure the performance of quota clearance, and promote the implementation of key tasks of carbon emission rights reform in the autonomous region.

The Detailed Implementation Rules require that the greenhouse gas emitting units included in the list of key emitting enterprises must meet two conditions, such as belonging to the industries covered by the national carbon emission trading market, among which the categories of biomass generator units, co-burning generating units, special fuel generating units, generating units using self-produced resources and other special generating units specified in the implementation plan for the setting and allocation of the total amount of national carbon emission trading quotas are temporarily excluded from the quota management. Before December 10 of each year, the competent department of ecology and environment of each city divided into districts shall update the list of key emitting enterprises in its jurisdiction for the next year through the national carbon market management platform, and the competent department of ecology and environment of the autonomous region shall review and determine the list of key emitting enterprises, report to the Ministry of Ecology and Environment and make it public。

The list of key emitting enterprises shall be subject to dynamic management, and enterprises that no longer emit greenhouse gases due to suspension of business, closure or other reasons and whose greenhouse gas emissions have not reached 26,000 tons of carbon dioxide equivalent for two consecutive years shall be removed from the list of key emitting enterprises after confirming that they have completed the corresponding obligations. According to the regulations, the allocation of carbon emission allowances is mainly free of charge, and paid allocation can be introduced in a timely manner according to the relevant national requirements. Key emitting entities, institutions and individuals are encouraged to voluntarily cancel their carbon emission allowances for public welfare purposes such as reducing greenhouse gas emissions。 The carbon emission allowances that are voluntarily cancelled shall be reduced by the same amount from the total amount of carbon emission allowances, and shall no longer be allocated, registered or traded。 Key emitting enterprises may use the national certified voluntary emission reductions to offset the settlement of carbon emission allowances, and the offset ratio shall not exceed 5% of the carbon emission allowances that should be paid。 The nationally certified voluntary emission reductions used for offsetting shall not come from emission reduction projects that are subject to quota management in the national carbon emission trading market。

It is understood that key emitting enterprises that make false or conceal greenhouse gas emission reports, or refuse to perform greenhouse gas emission reporting obligations, and fail to pay carbon emission quotas on time and in full, shall be punished in accordance with the relevant laws and regulations of the state and autonomous regions.