On the occasion of the 3rd anniversary of the operation of the national carbon market, the "National Carbon Market Development Report (2024)"(hereinafter referred to as the "Report") was released at the 2024 China Carbon Market Conference. The report shows that the carbon emission intensity of electricity in 2023 will drop by 8.78% compared with 2018. The effect of the national carbon market in promoting industry emission reduction has gradually emerged, and the main role of the carbon market in
On the occasion of the 3rd anniversary of the operation of the national carbon market, the "National Carbon Market Development Report (2024)"(hereinafter referred to as the "Report") was released at the 2024 China Carbon Market Conference. The report shows that the carbon emission intensity of electricity in 2023 will drop by 8.78% compared with 2018. The effect of the national carbon market in promoting industry emission reduction has gradually emerged, and the main role of the carbon market in
On the occasion of the 3rd anniversary of the operation of the national carbon market, the "National Carbon Market Development Report (2024)"(hereinafter referred to as the "Report") was released at the 2024 China Carbon Market Conference. The report shows that the carbon emission intensity of electricity in 2023 will drop by 8.78% compared with 2018. The effect of the national carbon market in promoting industry emission reduction has gradually emerged, and the main role of the carbon market in
On July 18, the Third Plenary Session of the 20th Central Committee of the Communist Party of China adopted the "Decision of the Central Committee of the Communist Party of China on Further Comprehensively Deepening Reforms and Promoting Chinese-Style Modernization"(hereinafter referred to as the "Decision"). The "Decision" proposes more than 300 important reform measures, of which "Deepening the Reform of the Ecological Civilization System" is a special chapter, and there are also some contents
"Thisyear, the country will further expand the industry coverage of the national carbon market. It is expected that the steel, cement, and electrolytic aluminum industries will also be included in the national carbon market." On July 21, Zhu Guohui, general manager of Carbon Emissions Registration and Settlement (Wuhan) Co., Ltd.(hereinafter referred to as China Carbon Deng), said in an interview with this reporter at the 2024 China Carbon Market Conference. Zhu Guohui, General Manager of Carbon
On July 21, Lu Shize, deputy director of the Department of Climate Change Response of the Ministry of Ecology and Environment, said at the sub-forum of the China Carbon Market Conference 2024 with the theme of "Building a Voluntary Emission Reduction Trading Market and Promoting the Participation of the Whole Society" that the national greenhouse gases are voluntary. In the emission reduction trading market, with the further improvement of relevant supporting systems and the approval and release
Zhu Hao, deputy director of the Environmental Development Center of the Ministry of Ecology and Environment, said at the China Carbon Market Conference 2024 sub-forum titled "Accelerating the Development of the National Carbon Emissions Trading Market and Solidly Promoting Green and Low-Carbon Transformation" that in the past two years, 273 key emission units have carried out supervision and assistance and found that the quality management of carbon emission data has achieved remarkable results,
Regarding the question of why China chose the carbon market rather than carbon tax in terms of market means, on July 21, Yan Gang, deputy director of the Environmental Planning Institute of the Ministry of Ecology and Environment, said at the China Carbon Market Conference 2024 that the carbon market can effectively stimulate technological innovation. He said that after three years of construction and two compliance cycles, China's carbon market has achieved very remarkable results. How to bette
Regarding the question of why China chose the carbon market rather than carbon tax in terms of market means, on July 21, Yan Gang, deputy director of the Environmental Planning Institute of the Ministry of Ecology and Environment, said at the China Carbon Market Conference 2024 that the carbon market can effectively stimulate technological innovation. He said that after three years of construction and two compliance cycles, China's carbon market has achieved very remarkable results. How to bette