据悉，该清单旨在加快提升工业产品碳足迹管理水平，建立健全碳足迹管理体系，促进工业绿色低碳转 型。经相关标准化机构推荐、专家评审、网上公示等，形成了该清单。 工业产品碳足迹核算规则团体标准推荐清单（第三批）.pdf 近日，工业和信息化部、生态环境部、国家发展改革委、市场监管总局联合发布通知，公布工业产品碳 足迹核算规则团体标准推荐清单(第三批)，共计73项工业产品碳足迹核算规则团体标准入围。 清单中的团体标准涉及轮胎、合成氨、氢、甲醇、己二酸己二胺盐、石膏及石膏制品、纤维增强复合材 料、石墨及石墨制品、汽车用改性聚丙烯塑料、塑料包装制品、光伏电池及硅材料、锂离子电池再生材 料等涉化领域。 ...

据悉，该清单旨在加快提升工业产品碳足迹管理水平，建立健全碳足迹管理体系，促进工业绿色低碳转 型。经相关标准化机构推荐、专家评审、网上公示等，形成了该清单。 中化新网讯 2月2日，工业和信息化部、生态环境部、国家发展改革委、市场监管总局联合发布通知， 公布工业产品碳足迹核算规则团体标准推荐清单(第三批)，共计73项工业产品碳足迹核算规则团体标准 入围。 清单中的团体标准涉及轮胎、合成氨、氢、甲醇、己二酸己二胺盐、石膏及石膏制品、纤维增强复合材 料、石墨及石墨制品、汽车用改性聚丙烯塑料、塑料包装制品、光伏电池及硅材料、锂离子电池再生材 料等涉化领域。 ...

Core Viewpoint - The company, Suihengyun A, is positioning itself as a comprehensive operator in the energy and new energy sectors, aligning with national energy development trends and the "dual carbon" strategic goals [1] Group 1: Business Strategy - The company is focusing on business layout around "electricity, heat, hydrogen, and storage" [1] - It is actively seeking suitable development opportunities within the energy industry chain [1] - The company aims to identify quality investment targets to cultivate new profit growth points [1]

Core Viewpoint - The European Union's Carbon Border Adjustment Mechanism (CBAM) will officially enter its charging phase on January 1, 2026, initially covering six product categories: steel, cement, aluminum, fertilizers, electricity, and hydrogen. By 2028, the scope is expected to expand to approximately 180 downstream products, including washing machines and automotive parts, creating a comprehensive "green bill" for trade [1][3][14]. Group 1: CBAM Implementation and Product Scope - The CBAM's product coverage has been clarified, with a focus on six primary products, each defined by specific EU customs tariff codes [3][12]. - The implementation of CBAM will occur in phases, with a transitional period from 2023 to 2025 for carbon data research, followed by formal legislation in 2026 [13][12]. - The product scope will expand to include downstream products by 2028, with the cost burden depending on the embedded emissions from steel and aluminum used in these products [14][15]. Group 2: Compliance and Impact on Chinese Enterprises - A significant exemption threshold of 50 tons for imports will reduce compliance burdens for small and medium-sized enterprises, with approximately 90% of importers expected to be exempt while still covering about 99% of related carbon emissions [15]. - Major Chinese steel and aluminum suppliers exporting to the EU will be primarily affected, while many smaller exporters may not face direct CBAM payment obligations due to the exemption threshold [15][17]. - Chinese enterprises are advised to establish differentiated carbon emission data management systems to comply with CBAM, focusing on direct and indirect emissions based on product categories [18][21]. Group 3: Broader Implications and Strategic Responses - The emergence of green trade barriers, exemplified by CBAM and the EU's battery regulations, indicates a trend towards stricter carbon management in global trade [21][20]. - Chinese companies are encouraged to adapt to EU standards and develop low-carbon supply chains to mitigate compliance risks while participating in international carbon rule-making [21][22]. - China's proactive low-carbon transition and early industry adjustments position it favorably against stricter EU regulations, potentially allowing it to maintain a competitive edge in the global market [22].

Core Viewpoint - The European Union's Carbon Border Adjustment Mechanism (CBAM) will officially enter its charging phase on January 1, 2026, initially covering six product categories: steel, cement, aluminum, fertilizers, electricity, and hydrogen. By 2028, the scope is expected to expand to approximately 180 downstream products, including washing machines and automotive parts [1][5]. Group 1: CBAM Implementation and Scope - CBAM will begin charging for carbon emissions on January 1, 2026, with a phased approach to implementation [1]. - The initial product coverage includes steel, cement, aluminum, fertilizers, electricity, and hydrogen, with specific customs codes provided for clarity [1][4]. - By 2028, the coverage will expand to include around 180 additional products, particularly in the steel and aluminum-intensive downstream sectors [5][6]. Group 2: Impact on Chinese Enterprises - Chinese companies exporting to the EU need to establish differentiated carbon emission data management systems to comply with CBAM [1][9]. - The actual payment obligations under CBAM will primarily affect large Chinese exporters working with major EU importers, while many small and medium-sized enterprises may be exempt due to a 50-ton annual import threshold [6][7]. - The impact on major Chinese aluminum companies is expected to be limited, as they can track their production data and often have lower actual emissions than the default values set by CBAM [8]. Group 3: Compliance Strategies - Chinese enterprises are advised to develop targeted data management strategies to meet CBAM requirements, focusing on direct and indirect emissions based on product categories [9]. - The establishment of a sustainable support alliance is underway to assist companies in understanding and managing their carbon footprints effectively [9]. - Companies should prioritize high carbon intensity products for compliance management and prepare for potential future regulatory changes [9]. Group 4: Broader Regulatory Context - In addition to CBAM, the EU has introduced new battery regulations that emphasize carbon footprint labeling, which will also affect exports [10][11]. - The carbon footprint labeling will require detailed disclosures about the lifecycle carbon footprint of batteries, further complicating compliance for exporters [11][12]. - The evolving regulatory landscape indicates a trend towards stricter green trade barriers, which may impact global trade dynamics [12][13]. Group 5: Competitive Advantages for China - China has made significant progress in low-carbon transitions, which may provide a competitive edge in adapting to EU regulations compared to other countries [13]. - The country's proactive measures in low-carbon transformation and compliance capabilities position it favorably in the face of stringent EU regulations [13].

Core Insights - The EU's Carbon Border Adjustment Mechanism (CBAM) will fundamentally alter the economic logic of global trade starting January 2026, impacting metal suppliers and buyers by exposing direct and immediate costs related to carbon emissions [1][6] - Carbon intensity will become a core factor determining market access, profit margins, and cost structures, shifting the focus of corporate strategies towards carbon management [1][5] Cost Implications - CBAM will impose carbon costs based on embedded emissions for products like steel, aluminum, cement, fertilizers, electricity, and hydrogen, linked to the EU Emissions Trading System (EUA) prices [7] - As free allowances are phased out, the obligation will increase annually until full implementation in 2034, with EUA prices expected to rise from approximately €70-75 per ton in 2025 to about €130 by 2030 [2][7] - By 2034, carbon costs are projected to represent a significant portion of the import value for most CBAM-covered products, reshaping the cost competition landscape [2][7] Sector-Specific Impacts - The steel industry is expected to bear about 75% of the potential CBAM liabilities, with high-emission steel importers facing additional costs of €40-60 per ton when EUA prices reach €90 in 2026 [3][8] - Aluminum importers may incur burdens close to €500 million in 2026, potentially escalating to €4.7 billion by 2030 if indirect emissions from electricity are included [3][8] Regional Exposure and Trade Risks - CBAM's impact will be concentrated, with over half of the costs expected to arise from major exporting countries like India, Turkey, and Russia, with India alone projected to bear 18% of total CBAM costs [4][9] - This concentration of responsibility indicates a shift in supply chain risks from cost-related to regional and structural risks, necessitating a reevaluation of supply chain strategies [4][9] Strategic Guidance for Enterprises - CBAM represents not just a compliance mechanism but a systematic framework extending the EU's carbon pricing to global trade, making carbon emissions a real cost on financial statements and a decisive variable in business strategies [5][10] - The report "Margins on the line" provides quantitative insights for decision-makers in the metals supply chain, helping to transform regulatory risks into actionable strategies [10]

Core Points - Japan received the "Fossil Award" at COP30 for its negative stance on climate action, marking multiple instances of this recognition [1] - The award was given due to Japan's funding for fossil fuel projects, hindering transition plans, and promoting misleading technological solutions [2] Group 1: Criticism of Japan's Climate Actions - Japan is accused of attempting to "extend the life" of fossil fuels by promoting technologies like CCS (Carbon Capture and Storage) and hydrogen, which are seen as distractions rather than real solutions [2] - The country has funded large natural gas projects in Australia, threatening local land, water, and culture, and has been criticized for not obtaining proper consent from indigenous communities [3] - Japan's excessive procurement of LNG has crowded out renewable energy development, contributing to a climate crisis with significant financial backing for fossil fuel projects [3] Group 2: Japan's Stance on Climate Justice - Japan has been obstructing the inclusion of fairness and community voices in climate transition plans within formal negotiations, supporting a proposal to take no action until 2026 [4] - Environmentalists argue that Japan's energy strategy should not be endorsed by other countries, as it aims to extend the use of coal and natural gas [5] - Concerns have been raised that Japan is positioning Malaysia as a "carbon dump" for its CO2 emissions, which could lead to high-risk dependencies for Southeast Asian nations [5]

Core Viewpoint - The construction of a new power system in China is crucial for supporting the green transformation of the economy and society, focusing on low-carbon energy structure, clean energy consumption, ecological governance, and the development of strategic emerging industries [1][2][3] Group 1: Low-Carbon Energy Structure - The new power system significantly enhances the proportion of non-fossil energy installations and promotes energy-saving and carbon-reduction measures in coal power, leading to a notable decrease in carbon emissions intensity [1] - As of July this year, non-fossil energy generation capacity reached 2.23 billion kilowatts, accounting for 60.8% of total installed capacity, with over 95% of coal power units achieving ultra-low emissions [1] - The average coal consumption for coal-fired power is projected to drop to 302.4 grams per kilowatt-hour by 2024, supporting the increase in non-fossil energy consumption [1] Group 2: Clean Energy Consumption - The new power system accelerates the implementation of clean energy alternatives in various sectors, including industry, transportation, and agriculture, thereby reducing the use of traditional fossil fuels and lowering pollutant emissions [2] - Since the 14th Five-Year Plan, the proportion of electricity in terminal energy consumption has increased by approximately 4 percentage points [2] - Future advancements in the integration of electricity, hydrogen, ammonia, and alcohol will further enhance the level of clean energy use [2] Group 3: Ecological Governance - Large-scale wind and solar power bases in desertified areas are key to the development of renewable energy, with installed capacity expected to reach 455 million kilowatts by 2030 [2] - The construction of these renewable energy bases will facilitate the restoration of 10.1 million acres of desertified land, promoting both ecological and economic benefits [2] Group 4: Development of Strategic Emerging Industries - The new power system fosters innovation in green low-carbon technologies and digitalization, empowering traditional industries to upgrade and expand [3] - Strategic emerging industries such as renewable energy, energy storage, hydrogen energy, and smart grids are becoming new pillars for stable investment, expanding domestic demand, and job creation [3] - The construction of the new power system also enhances China's global leadership in green low-carbon equipment technology [3]

Core Insights - The event "Navigating China: Green Fuel Trading Special Event" was successfully held during the 25th China International Investment and Trade Fair, focusing on the marketization of green fuel trading and international industrial collaboration [1][3] - Key speakers emphasized the importance of green fuels in technological innovation and energy security, highlighting the event's role in building an industrial collaboration platform and exploring international cooperation paths [3] Group 1: Event Highlights - The launch of the hydrogen trading platform and hydrogen price index during the event is expected to support cross-border trading and price alignment for green fuels, particularly hydrogen [5] - The event featured discussions on "Innovation and Practice of Green Fuel Trading Mechanisms" and "Regional Green Hydrogen Support Policies and Strategic Layouts," facilitating knowledge sharing among industry representatives [5][6] Group 2: Key Discussions - In the "Innovation and Practice of Green Fuel Trading Mechanisms" session, representatives from various companies shared their experiences and strategies in the green fuel industry, including insights on the role of Fuels Europe in the green fuel value chain and trends in green hydrogen development [6] - The "Regional Green Hydrogen Support Policies and Strategic Layouts" discussion highlighted local practices and initiatives in green hydrogen industry planning, policy support, and infrastructure development, providing valuable examples for cross-regional collaboration [6] Group 3: Industry Impact - The event effectively gathered industry stakeholders to discuss core topics such as standard systems, pricing mechanisms, carbon intensity certification, and cross-border compliance, thereby fostering a collaborative environment for advancing the marketization of green fuel trading and enhancing international energy cooperation [7]

Report Industry Investment Rating No information provided in the content. Core Viewpoints of the Report - The shipping industry is transitioning from environmental awareness to mandatory compliance, and decarbonization has become a necessity. The IMO's new strategy and other policies are driving the industry towards green alternative fuels [2][11]. - Methanol is leading in commercial applications, while ammonia is considered the most promising long - term solution for ocean shipping. However, both face challenges such as high green production costs and low energy density [3]. - Biofuels offer a short - term transition for existing fleets, while hydrogen and electricity are mainly used in short - distance markets due to infrastructure and energy density limitations [4]. Summary According to the Directory 1. Policy Background of Ship Alternative Fuels - **IMO《2023 年船舶温室气体减排战略》**: In 2023, the IMO replaced the 2018 strategy with a new one, significantly raising the target requirements. By 2050, it aims for net - zero emissions in international shipping, making green methanol and green ammonia priority options [12][13][15]. - **EU ETS**: Since January 1, 2024, the shipping industry has been included. It requires ships to pay for carbon emissions, changing the demand logic for alternative fuels and driving the industry towards compliance [16][17]. - **US《通胀削减法案》**: It provides production tax credits for clean hydrogen and subsidies for low - carbon transportation fuels. It also allocates $3 billion for port infrastructure. However, policy changes under Trump may weaken support [18][19]. - **China's "Dual Carbon" Goal Strategy**: China is promoting the green transformation of the shipping industry from both supply and demand sides. It aims to increase the market share of green - powered ships and build an incentive and infrastructure system [20][21]. 2. Current Situation and Limitations of Mainstream Ship Fuels - **Fossil Fuels**: They still dominate the shipping industry, accounting for over 90% of sales. Although the industry can adapt to some regulations, they cannot meet the net - zero emission requirements [23][29][30]. - **LNG**: It has developed rapidly, with the global fleet expected to nearly double by 2028. But due to methane emissions, it is difficult to meet the net - zero goal [31][32][33]. 3. Future Alternative Fuel Solutions - **Methanol**: It is the fastest - growing alternative fuel in commercialization. It has advantages in storage and infrastructure compatibility but has low energy density and high green production costs [38][41][46]. - **Ammonia**: It offers a zero - carbon solution but faces challenges such as toxicity, low energy density, and harmful emissions [48][49][51]. - **Biofuels (Renewable Diesel)**: HVO can be directly used in existing engines and facilities, reducing emissions immediately. However, raw material supply is a major constraint [53][54][57]. - **Electricity**: Battery - powered ships offer zero - emissions but are limited by low energy density, high costs, and lack of infrastructure, mainly used in short - distance markets [58][60][61]. - **Hydrogen**: It has high energy potential but faces storage difficulties, lack of infrastructure, and immature technology, mainly in the demonstration stage [62][63][67]. 4. Future Development Trends of Ship Alternative Fuels - **Policy and Market - Driven Fuel Pattern**: Regional policies will shape the choice of alternative fuels, leading to the emergence of "green corridors" [71][72]. - **New Shipbuilding Orders**: LNG is still the leading alternative fuel in terms of orders but is a transitional option. Methanol is rising rapidly, especially in container ships. Ammonia orders are few but show industry confidence in long - term use [74][76][77].