Emissions trading: China announces expan • Table.Briefings

China setzt bei der CO2-intensiven Stahlproduktion auf Recycling von Schrott. Auf dem Bild ist ein Ofen zu sehen, in dem offenes Feuer brennt. — China’s steel sector is one of the country’s largest CO2 emitters and is due to be included in the national emissions trading scheme at the end of 2024.

According to China’s Environment Minister Huang Runqiu, national emissions trading is to be extended to the steel, cement and aluminum sectors at the end of 2024. However, the design flaws of the previous ETS will be carried over.

China wants to expand its national emissions trading scheme (ETS) to include the iron and steel, cement, and aluminum sectors by the end of 2024. Environment Minister Huang Runqiu announced this at last weekend’s opening of the Beijing Global Energy Transition Conference industry trade fair. The Ministry of the Environment refers to the period between 2024 and 2026 as the „introductory phase.“

Emissions trading: China announces expansion for the end of 2024

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