The national carbon trading market has been playing an important part in the power generation industry

On December 19, the national development and reform commission held a press conference of the national carbon emissions trading system to start the work, deputy director of the national development and reform commission zhang yong said, agreed to by the state council, the national development and reform commission recently issued "the national carbon emissions trading market construction scheme () of the electric power industry, marks a national carbon emissions trading system to complete the overall design, and officially launched.

Zhang introduces, to undertake the national carbon emissions rights registration system and trading system construction operations for public solicitation and expert evaluation, on the basis of determining construction led by hubei province and Shanghai respectively, the two systems, Beijing, tianjin, chongqing, guangdong, jiangsu, fujian and shenzhen jointly participate in construction and operation of system.

Development and reform commission, director-general of the department of climate, li said the national development and reform commission power generation industry as the breakthrough point to carry out the construction of national carbon market, mainly considering several factors: one is the power generation industry data base is better, the product is relatively single, easy to check to verify, simple quota allocation. The second is that the industry produces a lot of emissions, with more than 1,700 companies being incorporated in the power generation industry and more than 3 billion tons of emissions.

The construction of carbon market should follow the work requirements of seek improvement in stability, and then, on the basis of starting the power generation industry in the early stage, further consider other high-energy and high-emission industries. In general, mature an industry, including an industry, gradually expand the market coverage. The threshold for future inclusion in the carbon market may be further reduced to include more companies in the management of the carbon market.

Since 2011, the NDRC has conducted pilot projects on carbon trading in seven provinces, including Beijing, tianjin, Shanghai, chongqing, guangdong, hubei and shenzhen, li said. From 2013 to November 2017, 7 pilot accumulative quota volume exceeded 200 million tons of co2 equivalent, the transaction volume exceeded 4.6 billion yuan. And from the scope of the pilot, the carbon emission and the intensity of the trend of double drop, the carbon market to control the greenhouse gas emissions.