Beijing launched the first domestic voluntary carb

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Beijing launched the first domestic voluntary carbon emission reduction standard in September

on August 18, it was learned from the Beijing Environment Exchange that the exchange will officially launch China's first voluntary emission reduction standard during the China US low carbon economy conference in the United States in September this year, to meet the emission reduction needs of enterprises and individuals with strong awareness of domestic environmental protection

as of July this year, the national development and Reform Commission has approved more than 2000 CDM projects, of which 600 have been issued by the United Nations to certify carbon emission reduction targets. The above issued projects will reduce 140 million tons of carbon dioxide in total, generating about US $1.4 billion for Chinese enterprises

according to the statistics of the world bank, the growth rate of carbon market turnover is amazing. It is estimated that the global carbon market will reach 150billion US dollars in 2012, which is expected to surpass the oil market and become the world's largest market. Although China has not undertaken the obligation of mandatory carbon emission reduction, the supply of Clean Development Mechanism projects and certified emission reductions has led the world in the past two years. Last year, the carbon trading volume accounted for 84% of the world's total trading volume

at present, the international carbon trading market is divided into quota trading market and voluntary trading market. Quota trading market provides a carbon trading platform for countries or enterprises that have a ceiling on greenhouse gas emissions to achieve emission reduction goals; The voluntary trading market is to meet the social and economic indicators of enterprises and voluntarily conduct carbon trading

at the beginning of this month, the first domestic voluntary carbon emission reduction transaction was reached at the Beijing Environmental Exchange. The Tianping auto insurance company invested 277000 yuan to successfully purchase 80 Mei Lan produced by Beijing green travel activities during the Olympic Games. Although it developed an earlier 26 ton carbon emission reduction target in the field of fluorine materials, the purchase capital will give priority to the "green travel" project of the Shanghai WorldExpo

the Beijing Environmental Exchange predicts that by 2012, the certified emission reduction of China's Clean Development Mechanism projects will reach about 1.8 billion tons, which is expected to earn US $18billion in revenue, and save thousands of structural waterproofing for developed countries, which is to adopt a suitable structural situation, with us $billion in emission reduction costs. However, similar to the most important market of oil, China, which is at the low end of the global carbon trading market, also faces the risk of losing its pricing power. China's low-cost carbon emission reduction targets, packaged and developed by financial institutions, have become more expensive financial products, derivatives and guarantee products for trading

from the single migration restriction to the joint restriction with the new material m-phenylene-2-methyl isocyanate, "China can only sell 10 euros per ton of certified emission reductions, but in the European secondary market, these emission reduction indicators can sell 20 to 30 euros, and the huge leverage income has attracted the focus of Wall Street financial business to carbon trading." Medwin, general manager of Beijing Environmental Exchange, believes that it is urgent to speed up the cultivation and development of domestic carbon finance market

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