China News Service, Beijing, November 12 (Reporter Ruan Yulin) The Ministry of Ecology and Environment of China reported on the 12th that the National Carbon Emissions Trading Market (hereinafter referred to as the National Carbon Market) has been operating smoothly since its launch on July 16, 2021. sequence.
As of November 10, 2021, the national carbon market has been operating for 77 trading days. The cumulative trading volume of allowances reached 23,440,400 tons, and the cumulative trading volume exceeded 1 billion yuan (RMB, the same below).
On July 16, 2021, the online trading of the national carbon market was officially launched.
There are 2,162 key emission units included in the power generation industry, covering approximately 4.5 billion tons of carbon dioxide emissions, making it the world's largest carbon market.
Since the launch of online trading of the national carbon market, the overall operation has been smooth and orderly.
As the deadline for the first compliance cycle of the national carbon market approaches, the willingness of key emission units to trade has increased, and the trading activity has gradually increased.
As of November 10, 2021, the national carbon market has been in operation for 77 trading days. The cumulative trading volume of allowances reached 23,440,400 tons, and the cumulative trading volume exceeded 1 billion yuan, reaching 1.044 billion yuan.
The national carbon emissions 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. It is also an important policy tool to implement China's carbon dioxide emissions peak goals and carbon neutral vision.
The Ministry of Ecology and Environment stated that in the next step, the "Interim Regulations on the Management of Carbon Emissions Trading" will be promoted to gradually expand the scope of industries covered by the carbon market, enrich trading varieties and trading methods, and give full play to the carbon market's role in responding to climate change and promoting the realization of carbon. It plays an important role in peaking and carbon neutrality.
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