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碳市场是优化资源配置重要抓手
Jing Ji Ri Bao· 2025-09-29 22:20
Core Viewpoint - The issuance of the "Opinions on Promoting Green and Low-Carbon Transition and Strengthening National Carbon Market Construction" marks a significant step towards the comprehensive deepening and acceleration of the national carbon market, providing direction for institutional innovation and operational optimization, which is crucial for achieving carbon peak and carbon neutrality goals [1] Group 1: Carbon Market Structure - The national carbon trading market consists of a mandatory carbon trading market and a voluntary emission reduction market, which are interconnected through quota clearing and offset mechanisms, each with its own focus and independent operation [2] - The carbon pricing mechanism is central to the carbon trading market policy, with quota allocation being a key factor influencing carbon pricing [2] Group 2: Quota Allocation and Control - Currently, carbon quotas are primarily allocated for free, based on carbon emission intensity and actual production, to avoid limiting production and impacting economic growth [2] - As more carbon emitters are included in the market, the focus will gradually shift from controlling carbon intensity to controlling total carbon emissions, transitioning from free allocation to a combination of free and paid allocation methods [2] Group 3: Monitoring and Verification - A robust monitoring, reporting, and verification (MRV) system is essential for accurately determining historical carbon emissions and their changes over time, which supports the effective implementation of the carbon market [3] - Improving the quality of carbon emission data through comprehensive regulation and automated monitoring is a key direction for enhancing carbon accounting and reporting management [3] Group 4: Green Technology and Economic Transition - Companies can promote green technology research and application through low-carbon production methods, creating a virtuous cycle of emission reduction, revenue generation, and reinvestment in research [4] - The transition to low-carbon industries can be facilitated by eliminating outdated production capacity and fostering the development of clean energy, low-carbon equipment manufacturing, and carbon consulting [4] - The establishment of a comprehensive voluntary certification methodology for emission reduction projects will provide stronger momentum for achieving green and low-carbon goals in the future [4]
如何健全我国碳市场交易体系?对话上海环境能源交易所董事长赖晓明|封面专访
Sou Hu Cai Jing· 2025-09-25 11:14
Core Viewpoint - The national carbon emissions trading market in China has shown significant operational effectiveness since its launch in 2021, with a well-established system and smooth functioning of allocation, trading, and compliance processes [4][6]. Market Performance - As of August 2025, the cumulative trading volume of carbon allowances reached nearly 700 million tons, with a transaction value exceeding 47.8 billion yuan. The carbon price has increased from 48 yuan per ton at the start to over 100 yuan per ton, currently stabilizing around 60 yuan per ton [4][6][11]. Policy Impact - The recent issuance of the "Opinions on Promoting Green and Low-Carbon Transition and Strengthening National Carbon Market Construction" by the central government marks a systematic deployment for the future development of the national carbon market, providing a roadmap and objectives for market construction [4][8]. Market Expansion - The inclusion of the steel, cement, and aluminum smelting industries into the carbon market has added over 30 billion tons of annual emissions coverage, enhancing market activity and resilience [5][11]. Recommendations for Improvement - To address existing issues in the carbon market, it is recommended to establish a transparent carbon allowance management system, maintain policy stability, and implement a combination of free and paid allocation methods [5][12]. - The introduction of paid allocation is expected to enhance corporate awareness of carbon costs and benefits, promoting proactive management of emissions [9][10]. Future Directions - The carbon market aims to cover major industrial sectors by 2027 and expand the range of greenhouse gases included, with a focus on enhancing trading mechanisms and regulatory frameworks [8][11].
2025鼓浪屿论坛|Saeb Eigner:跨国协作——构建韧性与低碳的贸易通道
Guan Cha Zhe Wang· 2025-09-15 07:51
Group 1 - The forum focused on "building digital product passports to support sustainable trade development" and was held in Xiamen, organized by various local government bodies and associations [1] - Saeb Eigner emphasized the need for global collaboration in sustainable trade and climate governance, stating that successful climate governance requires cooperation rather than isolated policies [3] - Eigner highlighted China's leading position in green technology, with over 60% global market share in battery manufacturing and photovoltaic components, attributing this success to strategic planning and effective collaboration among government, enterprises, and society [3] Group 2 - Eigner discussed the importance of trust and transparency in enhancing the flexibility of global value chains, especially in the context of current geopolitical risks [4] - He pointed out that China needs to improve its carbon pricing and ESG reporting, emphasizing the necessity for better governance to ensure data liquidity and transparency in the carbon market [4] - The forum was supported by various organizations, including the International Financial Reporting Standards Foundation and the World Business Council for Sustainable Development [4]
上海环境能源交易所副总经理彭峰:多维度发力推动中国碳市场高质量发展
Di Yi Cai Jing· 2025-08-29 16:00
Core Insights - The carbon market in China is increasingly important as a key policy tool in achieving the dual carbon goals, with significant developments over the past 20 years [1] - The national carbon market has established a stable institutional framework, with a cumulative trading volume of nearly 700 million tons and a trading value of approximately 48 billion yuan as of the end of August [1][2] - The market is undergoing a critical transformation with the inclusion of additional high-emission industries and the introduction of innovative trading mechanisms [2][4] Group 1: Market Development - The national carbon market officially started trading on July 16, 2021, and has since shown a steady increase in compliance rates, maintaining above 99% over the last three compliance cycles [1] - The market has implemented three main mechanisms to promote emissions reduction: imposing pressure on high-emission enterprises through carbon quotas, quantifying emission reduction benefits for trading, and establishing carbon pricing to guide investments into green sectors [2][3] Group 2: Future Outlook - By 2027, the national carbon market aims to cover all major industrial sectors and transition from intensity control to total control, with a gradual increase in paid allocation [4] - The voluntary carbon market (CCER) is expected to face high-quality project requirements and will need to enhance trading volume, as current supply is significantly lower than theoretical demand [3][5] - To enhance market vitality, the introduction of diverse carbon financial products and the expansion of trading participants, including financial institutions and individuals, is essential [5]
【环球财经】华侨银行:碳定价、清洁能源与创新金融需多管齐下 应对东盟能源转型挑战
Xin Hua Cai Jing· 2025-07-22 13:41
Core Insights - The report by OCBC highlights the challenges ASEAN faces in transitioning from coal to clean energy due to high dependence on coal, rapidly growing energy demand, and relatively young coal-fired power plants [1][2] Group 1: Energy Transition Challenges - ASEAN's electricity demand has doubled in the past two decades, primarily met by coal, with countries like Indonesia and the Philippines relying heavily on it [1] - The average age of coal-fired power plants in the region is less than 15 years, leading to high costs associated with early retirement [1] - Indonesia plans to add 6 gigawatts of coal power capacity in its latest electricity supply plan, raising concerns about its commitment to energy transition [1] Group 2: Proposed Strategies for Acceleration - Implementing a carbon pricing framework is deemed essential for creating economic incentives for emissions reduction and transitioning to clean energy, with Malaysia and Indonesia planning to adopt such mechanisms [2] - Expanding clean energy deployment is necessary to meet growing energy demands, requiring enhanced regional cooperation, grid upgrades, and integration of storage systems to address intermittency issues [2] - Innovative financial tools like transition credits are emerging to provide economic compensation for early retirement of coal plants, enhancing the economic viability of such transactions [2] - Mixed financing initiatives, such as the Financing Asia Transition Partnership (FAST-P), aim to mobilize more capital, with Singapore committing up to $500 million to raise a total of $5 billion for decarbonization efforts in Asia [2] Group 3: Conclusion on Energy Transition - The report concludes that ASEAN's energy transition is complex and requires a combination of international cooperation, regulatory support for carbon pricing and clean energy deployment, and financial mechanisms to support the gradual retirement of coal assets to effectively meet climate goals under the Paris Agreement [2]
煤炭的未来(下)摆脱煤电趋势在AI时代生变
日经中文网· 2025-05-14 03:16
Group 1 - The trend of phasing out coal power in developed countries is wavering due to the increasing electricity demand driven by the proliferation of AI [1][2] - The U.S. government, under President Trump, has signed measures to revitalize the coal industry, allowing the extension of the operational lifespan of coal-fired power plants originally slated for closure [1][2] - The International Energy Agency (IEA) predicts that electricity consumption from data centers will more than double by 2030 compared to 2024, with renewable energy expected to account for nearly 50% of the demand increase [2][3] Group 2 - In Japan, coal-fired power generation accounts for about 30% of the total power generation in the fiscal year 2023, and the country faces challenges in phasing out coal power as per the G7 agreement [2][3] - New technologies such as Ultra-Supercritical (USC) and Integrated Gasification Combined Cycle (IGCC) are being developed to reduce emissions while still utilizing coal [3] - The challenge of balancing energy security, affordable supply, and environmental protection remains significant for coal-fired power generation [4]
CFA协会发布最新研究:解析自愿碳市场痛点与应对之策
Sou Hu Cai Jing· 2025-03-25 13:33
Core Viewpoint - The CFA Institute's latest research addresses the challenges faced by the Voluntary Carbon Market (VCM) and proposes solutions to enhance its efficiency in supporting carbon reduction and removal projects [1][2]. Group 1: Current Challenges in the Voluntary Carbon Market - The VCM is crucial for directing capital towards carbon reduction projects but is currently hindered by systemic challenges, including insufficient market liquidity and inefficient capital allocation [2]. - Factors limiting investment attraction include a lack of trust in the integrity of voluntary carbon credits, insufficient standardization, transaction opacity, concerns over "greenwashing," and high risks and costs [2][3]. Group 2: Proposed Solutions - **Increase Transparency**: The report suggests enhancing price transparency in VCM transactions through registration bodies and blockchain technology to improve price visibility and traceability, aiding better investment decisions [3]. - **Coordinate Standards**: Regulatory bodies should harmonize integrity standards for both international and domestic voluntary carbon markets to address fragmentation, particularly regarding the use of additional credits in buffer pools and the handling of permanent loss reserves for carbon reduction projects [3]. - **Unify Carbon Pricing**: Policymakers are encouraged to integrate compliance carbon markets with voluntary carbon markets to promote unified carbon pricing, thereby narrowing the cost gap between compliance market allowances and voluntary market offsets, which would incentivize carbon removal [3].
独家洞察 | 电力行业:在AI驱动的增长与碳排放挑战之间找到平衡
慧甚FactSet· 2025-02-25 02:34
长期以来,电力公共事业公司一直是投资者眼中可靠的选择,因其稳定的收入和稳健的股息而闻名。然 而,自2020年起,电力公司的业绩表现欠佳,与标普500指数的总回报出现背离。电力行业未能达到其过 往的业绩水平,但所幸,新的乐观前景正在浮现。 全球经济从新冠疫情的影响中复苏,以及之前促使投资者转向高收益债券的高利率逐渐回落,这些都使电 力公用事业公司处于有利地位。人工智能和数据中心驱动的能源需求不断增长,进一步强化了电力公司的 业绩前景,预示着它们可能迎来更好的发展。 然而,除了这些积极因素外,电力行业也面临着挑战,特别是碳排放成本的上升。这可能会影响电力公司 运营成本和合规情况,这是公用事业企业向清洁能源和可持续实践转型的重要因素。 点击图片查看大图 国际能源署的报告称,由人工智能和传统数据中心驱动的电力需求将急剧增长,预计到2026年全球服务 器容量将翻番。数据显示,2022年,数据中心、人工智能和加密货币总共消耗了约460太瓦时(TWh)的电 力,占全球电力需求的近2%。 全球有超过8,000座数据中心,其中33%在美国,16%在欧洲,10%在中国。在美国,数据中心的用电量 预计将迅速增长,从2022年的约2 ...