Group 1 - A groundbreaking technology that enables carbon dioxide to "burn" is expected to address carbon utilization challenges [1] - A comprehensive air pollution prevention and control technology system has been developed, identifying the causes of PM2.5 and carbon emissions in Henan Province [1] - The event in Zhengzhou showcased advanced technological achievements that provide strong scientific support for green and low-carbon transformation in the province [1] Group 2 - The provincial government has implemented 92 major scientific projects and over 320 technological research projects related to air pollution prevention since the start of the 14th Five-Year Plan, investing more than 400 million yuan in research funding [1] - Ten advanced technologies for air pollution prevention were selected for promotion to accelerate their transformation into productive forces [2] - A directory of 44 green and low-carbon advanced technologies was released to support the province's comprehensive green and low-carbon transformation [2]

中新社安徽蚌埠11月21日电 (记者赵强)第五届国际新材料产业大会21日在安徽省蚌埠市开幕，共签约项 目162个，总投资701.97亿元(人民币，下同)。 据悉，国际新材料产业大会已逐步成为安徽链接全球创新资源、展示开放创新形象、推动新材料产业高 质量发展的重要平台。(完) （文章来源：中国新闻网） 11月21日，第五届国际新材料产业大会在安徽省蚌埠市开幕。图为会场展示蚌埠生产的30微米超薄柔性 玻璃。中新社记者赵强摄 安徽省副省长李中表示，过去五年，安徽新材料产业产值年均增长超10%，2024年新材料产业全产业链 营收规模超9000亿元，今年预计将达万亿元，形成了先进金属材料、先进化工材料、硅基新材料三大千 亿级产业集群和新型显示材料、新能源材料等百亿级产业链，为该省制造业的发展跃升提供了有力支 撑。 当天，赛迪顾问股份有限公司副总裁李珂在发布《2025十大颠覆性前沿材料暨新材料产业高质量发展研 究》时称，"十五五"新型工业化加速推进，中国新材料产业将步入黄金发展期。加快发展新质生产力、 布局建设未来产业、推动绿色低碳转型、实现数智化发展是中国当前和未来一段时期制造业发展的主要 方向和任务。 本届大会以"新 ...

Core Viewpoint - The article discusses the implementation of a new methodology for voluntary greenhouse gas emission reduction projects in the context of low gas recovery from onshore oil fields, aiming to enhance methane recovery, reduce carbon emissions, and promote the green transition of the oil extraction industry in China [4][5]. Summary by Sections Background - The methodology was jointly issued by the Ministry of Ecology and Environment and the National Energy Administration on November 21, 2025, to encourage broader industry participation in greenhouse gas emission reduction [4]. Principles of Methodology - **Scientific Principle**: The emission reduction mechanism must be scientifically sound and comply with industry technical standards [7]. - **Operability Principle**: The methodology should simplify monitoring parameters while ensuring data is verifiable and traceable [9]. - **Conservativeness Principle**: Emission reductions should be conservatively estimated to avoid overestimation [10]. - **Sustainable Development Principle**: Projects must align with sustainable development goals and not negatively impact the environment or socio-economic development [11]. Applicable Conditions - The methodology applies to low gas recovery projects from onshore oil fields, requiring specific conditions such as a processing capacity of at least 30,000 Nm³/d and compliance with national laws and industry policies [14][15]. Project Duration and Baseline Scenario - The project duration for emission reduction claims can last up to 10 years, with a baseline scenario established for comparison [17]. Additionality Demonstration - The projects face challenges such as complex gas composition, remote locations, and high investment costs, which necessitate additionality proof for the emission reduction claims [19][20]. Emission Reduction Calculation - Emission reductions are calculated based on the replacement of newly extracted natural gas with recovered gas, considering various emission sources [21][22]. Data Management Requirements - A robust data management system must be established, including monitoring, recording, and cross-verifying data, with a retention period of at least 10 years for all project-related data [25]. Verification and Public Oversight - Verification of emission reductions will be conducted by designated institutions, with monitoring data made publicly available through local ecological departments [27][30].

Core Viewpoint - The article discusses the implementation of a new methodology for voluntary greenhouse gas emission reduction projects related to the recovery and utilization of associated gas from offshore oil fields, aimed at promoting industry-wide participation in emission reduction efforts [4]. Background - The methodology was jointly issued by the Ministry of Ecology and Environment and the National Energy Administration on November 21, 2025, and is effective from the date of issuance [4]. - Associated gas, primarily composed of methane, ethane, propane, butane, pentane, and heavier hydrocarbons, is produced alongside oil extraction. The recovery and utilization of this gas can reduce carbon dioxide emissions, improve energy efficiency, and enhance the supply of clean energy, contributing positively to the green and low-carbon transformation of China's offshore oil industry [6]. Main Content 1. Applicable Conditions - The methodology applies to projects recovering associated gas from offshore oil fields for the production of natural gas, liquefied natural gas, compressed natural gas, and liquefied petroleum gas [12]. - Projects must have no existing pipeline connections between production facilities and land prior to approval [12]. - Monitoring data must be connected to the national carbon market management platform [12]. 2. Project Accounting Period - The accounting period for projects is defined as the time frame for which emission reductions are recorded, with a maximum duration of 10 years [16]. 3. Additionality Evidence - Projects face high construction and operational costs due to the offshore distance and dispersed sources of associated gas, which presents investment risks. Projects meeting the applicable conditions are exempt from additionality proof [20]. 4. Emission Reduction Calculation Method - Emission reductions are calculated based on the replacement of newly extracted natural gas with recovered associated gas, avoiding emissions from burning newly extracted gas [23]. 5. Data Management Requirements - Project owners must establish data management systems to ensure data quality and monitoring, with designated personnel responsible for data collection and verification [28]. - Measurement devices must be calibrated annually and maintained within their validity period [29]. - All data and information from the project design and implementation phases must be retained for at least 10 years after the final emission reduction registration [31]. 6. Approval and Verification Points - Verification institutions should refer to the methodology for applicable conditions, project boundaries, monitoring plans, and parameters during project approval and emission reduction verification [39]. 7. Public Supervision Channels - Monitoring data will be publicly accessible through the official websites of provincial and municipal ecological environment departments, allowing for public and media oversight [40].

Core Viewpoint - The article discusses the implementation of a new methodology for voluntary greenhouse gas emission reduction projects related to the recovery and utilization of gas during the testing phase of onshore gas fields, aiming to promote industry participation in emission reduction efforts [5][6]. Group 1: Background and Significance - The testing phase of onshore natural gas exploration involves flaring gas, which can be converted into usable products, thus promoting methane recovery, reducing CO2 emissions, and enhancing energy efficiency [7]. - The methodology aims to support the green and low-carbon transformation of China's natural gas extraction industry [7]. Group 2: Methodology Principles - The methodology is based on principles of scientific validity, operability, conservativeness, and sustainable development, ensuring that emission reduction projects are feasible and do not negatively impact the environment or socio-economic development [8][9]. Group 3: Applicability and Conditions - The methodology applies to onshore gas field testing projects, requiring that they meet specific conditions, including being in the testing phase and converting flared gas into marketable products [12]. - The project monitoring data must be connected to the national carbon market management platform, and the project must comply with national laws and industry policies [12]. Group 4: Project Duration and Baseline Scenario - The project duration for emission reduction claims can last up to 10 years, with specific time limits for gas recovery from different types of wells [14]. - The baseline scenario involves the direct combustion of flared gas at the well site [14]. Group 5: Emission Reduction Calculation - Emission reductions are calculated based on the replacement of newly extracted natural gas with recovered gas, avoiding emissions from the combustion of new gas [16]. - The methodology emphasizes conservative estimates for emission reductions, ensuring that calculations do not overstate the benefits [19]. Group 6: Data Management and Verification - A robust data management system is required, including quality assurance measures, calibration of measurement devices, and data archiving for at least 10 years [24]. - Verification of emission reductions will involve cross-checking monitoring data with the national carbon market management platform [27]. Group 7: Public Oversight - Monitoring data will be publicly accessible through local ecological departments' official websites, allowing for public and media scrutiny of the projects [28].

Report Overview - Report Title: Carbon Market Weekly Report - Date: November 21, 2025 Industry Investment Rating - Not provided in the report Core Viewpoints - The Chinese government is actively promoting the construction of the carbon market, with policies aiming to expand coverage, control quota总量, and increase market vitality [9][10] - The expansion of the national carbon emissions trading market will gradually cover major industrial emission - intensive industries by 2027, marking a new stage in using market - based mechanisms for deep - emission reduction [10] Summary by Directory 1. Carbon Market Weekly Overview - In October, the national carbon market's comprehensive price had a high of 59.30 yuan/ton, a low of 50.34 yuan/ton, and a closing price of 51.96 yuan/ton, down 10.37% from the previous month. The trading volume and turnover of different trading methods were also reported [7] - In the 3rd week of November, the national carbon market quota had a high of 70.14 yuan/ton, a low of 60.02 yuan/ton, and a closing price of 65.27 yuan/ton, with a weekly increase of 8.48%. The total trading volume was 1169.44 million tons, and the total turnover was 701.0284 million yuan. Price expectations for November and December 2025 were also given [8] 2. Market News - The central government issued an opinion to expand the carbon market's coverage, implement quota总量 control and paid distribution, and improve market vitality [9] - China's carbon market construction aligns with the "dual - carbon" goal, and will gradually implement quota总量 control and paid distribution as the carbon - peak process advances [10] - The expansion schedule of the national carbon emissions trading market was announced, with major industrial sectors to be included by 2027, covering about 75% of CO2 emissions [10] - The "Chengdu Declaration" at the 2025 8th China International Photovoltaic and Energy Storage Industry Conference called for anti - "involution" in the industry and promoted high - quality development [10]

Core Viewpoint - The Ministry of Ecology and Environment has issued the "Quota Allocation Plan for National Carbon Emission Trading Market for Steel, Cement, and Aluminum Smelting Industries for 2024 and 2025," indicating a significant step towards expanding the carbon market to cover major industrial sectors [1][2]. Summary by Sections Carbon Market Expansion - The national carbon market, which started in 2021, has expanded from covering only the power generation sector to now include steel, cement, and aluminum smelting industries, marking its first major expansion [1][2]. - The types of greenhouse gases covered have also increased from solely carbon dioxide to include carbon dioxide, tetrafluoromethane, and hexafluoroethane [1]. Quota Allocation Framework - The "Quota Allocation Plan" continues the practice of free allocation of quotas based on carbon emission intensity, linking the quota amount to actual production levels without setting an absolute cap on total emissions [2]. - The focus is on direct emissions during production, excluding indirect emissions from purchased electricity and heat, emphasizing a "big fish, small fish" approach to target major emitters [2]. - The plan highlights the importance of data quality, stating that reliable carbon emission data is essential for an effective market, and introduces advanced monitoring technologies like blockchain and AI to combat data fraud [2]. Future Expansion Plans - Preparations for expanding the carbon market to include the chemical, petrochemical, civil aviation, and paper industries have already begun, with a goal to cover major industrial sectors by 2027 [3]. - The policy direction is clear, adhering to the principle of "mature one, include one," and will expand based on industry development, pollution reduction contributions, data quality, and emission characteristics [3]. - The ongoing improvements in the carbon emission management system and the implementation of reduction measures will enhance the role of the national carbon market in promoting green and low-carbon transformation in the economy and society [3].

Core Viewpoint - The article highlights the historical significance and evolution of Yanchang Petroleum, emphasizing its role in China's oil industry and its contributions to national energy security and local economic development over the past century [1][3][11]. Historical Development - Yanchang Petroleum was established in 1905, marking the beginning of China's modern oil industry with the drilling of the first oil well in 1907 [3][4]. - The company survived through various historical challenges, including wars and economic turmoil, and became a symbol of national resilience and industrial development [4][5]. - After the founding of New China, Yanchang Petroleum faced numerous challenges but achieved significant milestones, including surpassing 10,000 tons of crude oil production in 1959 and 1 million tons in 1997 [5][6]. Corporate Growth and Transformation - The company underwent restructuring in 1998 and 2005, leading to a rapid increase in production and revenue, with crude oil production exceeding 10 million tons in 2007 and revenue surpassing 100 billion yuan in 2010 [6][7]. - By 2013, Yanchang Petroleum became the first company in Western China to enter the Fortune Global 500, with revenue growing from 162.1 billion yuan in 2012 to 390 billion yuan in 2024 [7][8]. Industry Position and Achievements - Yanchang Petroleum has established itself as a major player in the oil and gas sector, ranking as the seventh largest oil field in China and the fourth largest gas field, with a gas production of over 12 billion cubic meters [8][9]. - The company has diversified its operations, achieving a historic shift from being oil-dominant to a balanced structure of oil, gas, coal, and chemical products [8][9]. Technological Innovation - Yanchang Petroleum has invested over 60 billion yuan in research and development over the past decade, leading to significant technological advancements in oil and gas exploration and production [9][10]. - The company has established itself as a leader in innovation, with numerous projects filling gaps in the industry and receiving national recognition [9][10]. Social Responsibility and Community Engagement - Yanchang Petroleum has contributed significantly to local economic development, paying over 762.3 billion yuan in taxes from 2006 to 2024 and supporting various community projects [11][12]. - The company has played a crucial role in poverty alleviation and local development, investing in infrastructure and social programs in the Shaanxi region [12][13]. Future Outlook - As Yanchang Petroleum approaches its 120th anniversary, it aims to continue its commitment to high-quality development, focusing on energy security and sustainable practices while expanding into new energy sectors [15].

Group 1 - The 30th United Nations Climate Change Conference (COP30) is being held in Belem, Brazil, from November 10 to 21, attracting significant attention from environmentalists worldwide [1] - The China Corner forum, co-hosted by the Ministry of Ecology and Environment of China, CGTN, and UNITAR, focuses on building green and low-carbon cities, with over a hundred participants from various sectors discussing global urban green transformation [1] - The Vice Minister of Ecology and Environment of China, Li Gao, highlighted China's achievements and successful experiences in low-carbon city construction during his speech [1] Group 2 - Shan Yubing, Chairman of Colin Energy Technology (Beijing) Co., Ltd., emphasized the critical role of enterprises in promoting green energy and efficient utilization transformation [2] - Colin Energy has explored smart energy, green hydrogen, and biomass applications, collaborating with local governments and international organizations to find replicable and scalable green clean technology solutions [2] - The China Corner also hosted a roundtable forum themed "Green Technology Leading Urban Prosperity and Sustainable Future," focusing on how green technology can drive urban economic growth, create jobs, and promote international cooperation [2]

Core Viewpoint - China National Offshore Oil Corporation (CNOOC) emphasizes its commitment to green low-carbon transformation and international cooperation in the energy sector during the COP30 conference in Brazil [1][2][3] Group 1: CNOOC's Initiatives - CNOOC is enhancing the proportion of natural gas production while ensuring low-carbon energy supply and developing a carbon capture, utilization, and storage (CCUS) circular economy [1][2] - The company aims to optimize the energy structure in Brazil, being the first foreign enterprise to achieve independent natural gas sales, and is focused on building a clean energy supply system [2] - CNOOC is accelerating the development of zero-carbon industries, particularly in offshore wind power, and is promoting renewable energy development cooperation [2] Group 2: International Cooperation and Impact - The collaboration between China and Brazil in energy and environmental sectors is expected to deepen, leveraging each country's strengths to advance technology research and improve regulatory frameworks [2][3] - CNOOC's efforts in Brazil are seen as a model for international cooperation in climate governance, showcasing the role of Chinese enterprises in promoting sustainable development [3][4] - The ongoing COP30 conference highlights the importance of global cooperation in addressing climate challenges and emphasizes the need for effective action and equitable energy transitions [4]