Sign in to follow this  
Followers 0

Carbon trading program launched in China and expanded in the EU

1 post in this topic

Shanghai Securities News reports China's long-awaited National Carbon Dioxide (ETS) trading plan was launched on Friday. with a carbon dioxide quota of 4.1 million tons worth 210 million yuan ($32 million) It is the largest carbon market in the world by volume. More than 2,000 power plants are responsible for more than 4 billion tons of CO2 emissions included in the initial trading.The closing price was 51.23 yuan (7.92) per tonne on the first day of trading, up 6.7 percent.The opening price of 48 yuan per ton is higher than the average 40 yuan ($6.17) traded on seven pilot markets since 2011, but below the average of about $59.02 in the European Union's Emissions Trading (ETS) system. which is the largest market Global Carbon Market Overall

The golden tiger is a symbol that gives rates. Highest stakes in Dragon Tiger Slots There are 6 symbols in the Tiger Dragon slot, the สมัครslotxo Tiger symbol giving the odds up to 100 times. It is the symbol that gives the highest odds in the Dragon Tiger slot.silver dragon symbol That gives the second highest odds of the Dragon Tiger slot The symbols in the Dragon Tiger slot have a total of 6 symbols, which the Silver Dragon symbol will give the odds up to 50 times,which is the symbol that gives the highest odds in the Dragon Tiger slot.The silver tiger is a symbol That gives the second highest odds of the Dragon Tiger slot The symbols in the Dragon Tiger slot have a total of 6 symbols, the Silver Tiger symbol giving the odds up to 50 times. It is the symbol that gives the highest odds in the Dragon Tiger slot

Expanding ETS in Europe

at the beginning of the week European Commission which is the executive committee of the European Union It has set out how the 27 nations of the group will achieve a common goal of reducing their net greenhouse gas emissions by 55 percent from 1990 levels by 2030, a stepping stone for greenhouse gas emissions. "Net Zero" by 2050 This would mean increasing carbon emissions costs for heating, transport and production, as well as taxing high-carbon aviation fuels and transportation fuels that have never been taxed. This is coupled with charging importers at the border for the carbon emitted in the manufacture of such products as cement,

steel and aluminum overseas. Within the European Union, the internal combustion engine will be turned into history.The plan includes an overhaul of the group's ETS, which will force factories, power plants and airlines to pay more as CO2 emissions. Vessels will be added to the ETS, requiring ship owners to pay their emissions first.The new EU carbon market will set CO2 costs in the transport and construction sectors. Some of the proceeds will be used as a fund to control fuel costs of low-income households.Frans Timmermans, head of EU climate policy, said: “We will ask many of our citizens. We'll also ask our industries, but we do it for good reason.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now
Sign in to follow this  
Followers 0