China — latest ecology news
China plays a leading role in this
We are talking about the second compliance period in 2021 and 2022
The volume of reduction of CO2 emissions in the country may amount to 200 million tons by 2026, which is equal to all emissions of the EU steel sector
They aim to reduce excess permits to force big polluters to accelerate their green transition
The increase compared to the previous year was 582 million tons
In America and Europe, the demand for it, on the contrary, is decreasing
This will help Chinese manufacturers improve their competitiveness in international markets
China immediately vowed to take retaliatory measures
More than every fifth car sold in the world will be electric
In China, the steel industry is already included in 6 out of 8 regional carbon markets
China creates 26% of all human emissions
Buyers of carbon credits will mainly be enterprises with a high level of emissions