China Will Continue to Steadily Promote the Construction of A National Carbon Market
Li Gao, director general of the Department of Climate Change of the Ministry of Ecology and Environment, said at the 2021 Annual Meeting and 5th Anniversary Academic Exchange Forum of the Green Finance International Research Institute of the Central University of Finance and Economics on 26th, that the next step will be to continue to steadily promote the construction of the national carbon market, and on the basis of the healthy operation of the carbon market in the power generation industry, gradually expand the market coverage to other high-emission industries, enrich the trading varieties and trading methods, and realize the national On the basis of the healthy operation of the carbon market in the power generation industry, the market will gradually expand its coverage to other high-emission industries, enrich the trading varieties and methods, and achieve the sustainable and healthy development of the national carbon market.
Li Gao introduced that since the official launch of the national carbon emission trading market on July 16 this year, the market has been running smoothly and the trading price is in a reasonable range. As of September 23, the cumulative quota turnover was 8.48 million tons, with a cumulative turnover of 418 million yuan.
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