China News Service, Beijing, July 15 (Reporter Ruan Yulin) The Shanghai Environmental Energy Exchange Co., Ltd. announced on the 15th that the national carbon emission rights trading will open on July 16, 2021.
According to the announcement, according to the overall arrangement of the country, the national carbon emission rights trading will open on July 16, 2021 (Friday).
All transaction entities are requested to arrange relevant work accordingly.
Zhao Yingmin, Vice Minister of the Ministry of Ecology and Environment of China, stated at the State Council’s policy briefing on July 14 that the national carbon emission trading market is a major institutional innovation that uses market mechanisms to control and reduce greenhouse gas emissions and promote green and low-carbon development. , Is an important policy tool to achieve carbon peak, carbon neutrality and nationally determined contribution goals.
At the end of 2020, the Ministry of Ecology and Environment issued a normative document "2019-2020 National Carbon Emission Trading Quota Setting and Distribution Implementation Plan (Power Generation Industry)", and announced the inclusion of 2225 power generation companies and self-provided power plants. List of key emission units under the management of national carbon emissions trading quotas.
The first batch of 2225 power generation companies will be allocated carbon emission quotas.
According to estimates, the carbon emissions of these companies covered by the first batch of carbon markets exceed 4 billion tons of carbon dioxide, which means that once China's carbon emissions trading market is launched, it will become the world's largest carbon market covering greenhouse gas emissions.
In October 2011, 7 provinces and cities in Beijing, Tianjin, Shanghai, Chongqing, Guangdong, Hubei, and Shenzhen launched local pilot projects for carbon emissions trading.
As of December 31, 2020, the pilot carbon market quota spot traded a total of 445 million tons, with a turnover of 10.431 billion yuan.
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