On January 18, the trading volume of the national carbon market quota (CEA) listing agreement was 100 tons, with a turnover of 5850 yuan. The block agreement trading has not been traded for three consecutive days. This means that the first performance cycle of the national carbon market is nearing the end of the performance and payment of carbon emission quotas.
“Although the first performance cycle of the national carbon market ended on December 31 last year, this year, non-performing emission control enterprises are still purchasing carbon quotas through listing agreements and block agreements and actively performing.” An industry insider told reporters, “this is also the reason why the trading volume of the national carbon market, especially the block agreement trading, has remained relatively active since January 4 this year.”
According to the data of the national carbon market, from January 4 to January 13, there were hundreds of thousands of tons of block agreement transactions in the national carbon market every day, of which the volume of block agreement transactions on January 7 and January 10 was more than one million tons, 2804944 tons and 1748975 tons respectively.
Shandong Province actually performed 1.152 billion tons in the first performance cycle
The information disclosed by the Department of ecological environment of Shandong Province on January 18 also verified the above view. As the province with the largest number of performance enterprises and total performance quotas in China, Shandong Province has completed the quota settlement of the first performance cycle of the national carbon market. 305 key emission enterprises in the power generation industry in the province actually performed 1.152 billion tons, with a cumulative turnover of 4.598 billion yuan.
It is revealed that there are 330 key emission enterprises in the power generation industry included in the quota management of the first performance cycle of the national carbon market in Shandong, and 320 approved compliance enterprises, accounting for one seventh of the total number of compliance enterprises in China (2162 compliance enterprises in China), ranking first in China and more than 110 more than Jiangsu Province, the second largest in China.
As of January 10 this year, in addition to 13 accounts sealed by the court and 2 enterprises closed and cancelled by the court, all the other 305 enterprises in Shandong Province had completed the performance. It is reported that Shandong should perform a total of 1.154 billion tons, with an actual performance of 1.152 billion tons, accounting for 99.82%.
Shandong ecological environment department also revealed that 145 enterprises in the province applied for CCER account opening, and 51 Enterprises applied for CCER offset quota settlement, with an offset amount of 6.28 million tons. China Petroleum & Chemical Corporation(600028) Qilu Petrochemical Branch of Group Asset Management Co., Ltd. had a carbon quota gap of more than 1.5 million tons from 2019 to 2020. It purchased quotas from the carbon market through agreement transfer, listing and trading, and paid off more than 16 million tons of quotas.
Zhang huaitao, deputy general manager of Xinfa group, revealed that in 2019 and 2020, Xinfa group achieved a total surplus of 17.59 million tons in carbon emissions. As of January 7, the trading volume of Xinfa group was 11.4 million tons, accounting for 6.4% of the total trading volume in China; The total transaction amount is 589 million yuan, accounting for 7.67% of the total transaction amount in China.
Gansu Provincial Department of ecological environment also said recently that 19 power generation enterprises in Gansu have completed the task of the first performance cycle of the national carbon market, and a total of 157.7752 million tons of carbon dioxide quota has been paid off. It is reported that in the first performance cycle, a total of 9 home appliance plants of 19 power generation enterprises in Gansu participated in the transaction, with a cumulative carbon emission quota purchase of 1.6324 million tons and a turnover of 73.8354 million yuan; The cumulative sales volume was 1.9366 million tons and the turnover was 85.3856 million yuan.
Hebei, Ningxia and Jilin have issued the implementation opinions of “double carbon”
While actively carrying out the quota performance and payment, many places have also issued opinions on the implementation of “double carbon”. According to incomplete statistics, Hebei, Ningxia and Jilin have issued opinions on the implementation of “double carbon”. Among them, Hebei disclosed in the “double carbon” implementation opinions that it will actively establish China xiong’an Green Exchange and promote Beijing and xiong’an to jointly strive for the establishment of a national CCER trading market.
“It is suggested to give full play to the advantages of location and resources and jointly build an integrated carbon neutral pattern of reaching the second peak in Beijing, Tianjin and Hebei.” Zhang Jianhong, senior engineer of China International Engineering Consulting Co., Ltd., told reporters. He also said that Ningxia’s “double carbon” Implementation Opinions also have many highlights, such as studying and formulating the implementation plan of paid use and trading of energy rights, taking the lead in exploring and carrying out the pilot of paid use and trading of energy rights in Shizuishan City and Ningdong energy and chemical base according to the promotion mode of increment first and stock later, and gradually improving the energy right trading system, supervision system, technical system Supporting policies and trading system.
Jilin’s “double carbon” implementation opinions point out that it is necessary to study and establish a carbon sink compensation and trading mechanism and bring carbon sinks into the scope of ecological protection compensation. Establish an ecosystem carbon sequestration monitoring and accounting system, and carry out carbon sequestration background investigation and carbon storage assessment of forests, grasslands, wetlands, cultivated land and other ecosystems.
Some emission control enterprises have also begun to carry out low-carbon frontier research. Yao Hong, deputy general manager of Huadian Shandong company, revealed that it carried out research and demonstration of carbon capture technology, laid out the CCUs industrial chain, sought an adaptive low-carbon technology route, and provided support for seizing the first opportunity of low-carbon development. Actively explore emerging businesses, lay out carbon sinks, put forward the R & D of key technologies such as energy storage and hydrogen energy and the implementation of key projects, do a good job in comprehensive energy services and accelerate the reuse of carbon resources.
