The quota payment period for the first compliance cycle in the national carbon market has expired, and a group of key emission companies have been punished for failing to pay off their carbon emission quotas on time and in full.

  The first financial reporter learned from the Ministry of Ecology and Environment and many ecological environment departments that the completion of the carbon quota payment in the first compliance cycle of the national carbon market is being announced one after another. The carbon emission allowances were not paid in full and on time.

  Judging from the announcement, 6 companies in Ningxia Autonomous Region were recently fined a total of 168,000 yuan for failing to pay off their carbon emission quotas on time; 8 key emission units in Shanxi were punished accordingly; 17 key emission companies in Inner Mongolia Autonomous Region He was punished for fulfilling the contract on time; in January this year, the Zibo City Ecological Environment Bureau of Shandong Province inspected a thermal power company and found that the company failed to pay off its carbon emission quotas on time and in full, and law enforcement officers filed a case for investigation and punishment.

  In February this year, the Ministry of Ecology and Environment issued the "Notice on Doing a Good Job in the Follow-up Work of the National Carbon Market's First Compliance Cycle", requiring the district-level municipal-level ecological environment authorities where the production and business sites of key emission units in each administrative region are located. A few days ago, the key emission units in the administrative region that failed to pay the quotas in full and on time were ordered to make corrections within a time limit, and the case was filed and punished according to law; before April 29, the carbon emissions of key emission units in the first performance cycle of the national carbon market in this administrative region will be disclosed through the official website of the subordinate unit. A summary table of the completion of quota payment and penalties.

  According to the Department of Ecology and Environment of Ningxia Autonomous Region, there are 35 key emission enterprises in Ningxia that are included in the quota management of the first compliance cycle of the national carbon market, with a total compliance volume of 294 million tons and an actual compliance volume of 289 million tons; 8.5681 million tons, with a turnover of 343 million yuan, and the fulfillment ratio was 82.86%.

  Since the launch of the national carbon emission trading market, Ningxia has organized a total of 35 key emission units in the power generation industry in the region to check, correct, submit and open accounts in the national carbon market registration and trading system; The implementation plan for the total amount setting and allocation of emission rights trading allowances, organizes the pre-allocation of allowances and the trial calculation of surplus and deficiency, and holds an on-site confirmation meeting of carbon emission allowance data, and completes the issuance of allowances on schedule.

  According to the Measures for the Administration of Carbon Emissions Trading (for Trial Implementation), if a key emission unit fails to pay off its carbon emission allowances in full and on time, the local ecological environment department at or above the city level where its production and operation sites are located shall order it to make corrections within a time limit, and punish it. A fine of not less than 20,000 yuan but not more than 30,000 yuan.

  The relevant person in charge of the Department of Ecology and Environment of the Ningxia Autonomous Region stated that in accordance with the above management measures, the carbon emission quotas of the six companies will be reduced by the same amount in the next performance cycle.

  On January 3 this year, the Suzhou Municipal Bureau of Ecology and Environment revealed that during the inspection of a company in Zhangjiagang, it was found that the company failed to pay off the 2019-2020 carbon emission quota in full and on time, and ordered the company to rectify and investigate the illegal behavior of the company. .

This is the first penalty case in China for failing to pay off carbon emission quotas on time and in full.

  In March of this year, Zhejiang Province also announced the first administrative penalty case for "failure to pay off carbon emission allowances on time and in full".

In December 2021, the Shaoxing Municipal Bureau of Ecology and Environment will conduct a special law enforcement inspection on the payment of carbon emission allowances of key emission units within its jurisdiction.

After inspection and verification, a thermal power group company in Xinchang County has not completed the payment of carbon allowances for 2019-2020, and immediately sent a written notice to the company, requiring it to complete the payment of carbon allowances on time.

As of December 31, the company has still not paid off.

The Shaoxing Municipal Bureau of Ecology and Environment will investigate and punish the company on January 7, 2022, and order it to make corrections within a time limit.

On February 25, the company was served a notice of administrative penalty and imposed a fine of 20,000 yuan.

  The establishment of the national carbon emission full quota trading market is the first time in my country that the responsibility for greenhouse gas emission control has been consolidated to the enterprise from the national level, and the upgrading of industrial technology has been promoted through the market force mechanism.

  Zhang Xin, chief economist of the National Climate Change Strategy Research and International Cooperation Center, said in an interview with a reporter from China Business News recently that the national carbon market has successfully completed the first compliance cycle, and the market is operating in a stable and orderly manner, in line with carbon emission reduction policies. The market operates according to the law, and the compliance rate of discharge allowance payment is as high as 99.5%.

  Zhang Xin said that enterprises should fully understand that the national carbon market is the basic positioning of carbon emission reduction policy tools, and carbon emission reduction is a responsibility and obligation that enterprises must fulfill.

The national carbon market provides an effective way for enterprises to optimize cost-effectiveness and achieve carbon emission reduction goals. Enterprises should take the initiative to reform the internal management mechanism that is not suitable for carbon trading, actively participate in carbon trading, and promote the carbon market to give full play to the role of optimizing the allocation of carbon emission resources. It can not carry out carbon trading for the purpose of speculation and profit.

  Xu Daixiong, head of JLL China's strategic consulting department, also said that with the refinement of emission control policies, the maturity of market mechanisms and approval procedures, more industry companies will be included in the carbon emission control caliber in the future. By the end of the 14th Five-Year Plan period, it is expected that the number of controlled enterprises will reach 10,000.