On September 30, with the approval of the State Council, the three industries of iron and steel, cement and aluminium smelting were incorporated into the management of the national carbon emission trading market. In order to do a good job in the quota allocation of iron and steel, cement and aluminium smelting industries, according to the Provisional Regulations on the Management of Carbon Emission Trading and the Work Program of the National Carbon Emission Trading Market Covering Iron and Steel, Cement and Aluminium Smelting Industries, the National Carbon Emission Trading Market covers the iron and steel, cement and aluminium smelting industries. The Ministry of Ecology and Environment has organized and compiled the Total Quota and Allocation Scheme for Steel, Cement and Aluminum Smelting Industries in the National Carbon Emission Trading Market in 2024 and 2025 (Draft for Comments), which is now open for comments.
In accordance with the principle of gradual progress, grasping the big and relaxing the small, we should promote the allocation of quotas in stages and step by step, focusing on major emission enterprises and emission processes, and rationally determine the scope of quota allocation. Generally consistent with the quota allocation method of the power generation industry, the annual quotas for 2024 and 2025 will be allocated free of charge, and the quotas will be allocated based on carbon emissions per unit of output. Give full play to the decisive role of the market in the allocation of resources, create a fair, competitive and open market environment, take "encouraging the advanced and spurring the backward" as the policy orientation, the lower the carbon emissions per unit output, the higher the quota surplus rate. Enterprises should be guided to strengthen carbon emission management, reduce carbon emissions, and support the application of green low-carbon technologies such as energy efficiency improvement and raw fuel substitution.











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