CleanTechnica•9 days ago
China’s Carbon Market Expands Into Heavy Industry As USA Regresses
Key Takeaway
China's aggressive expansion of its carbon market into new heavy industries signals increasing global pressure and costs associated with industrial emissions, impacting supply chains and investment decisions for developers and large power consumers worldwide.
AI Summary
- •China's national carbon market has significantly expanded, now mandating carbon reporting for petrochemicals, chemicals, flat glass, copper smelting, papermaking, and civil aviation.
- •This expansion will increase compliance costs and operational complexity for covered heavy industries in China, potentially impacting global supply chains and manufacturing decisions.
- •The move signals a continued global divergence in emissions policy, with China tightening regulations while the US is perceived as regressing, influencing international trade and investment strategies.
Topics
emissionspolicy
Article Content
China’s national carbon market has reached another expansion point, and the signal is larger than it first appears. The Ministry of Ecology and Environment has extended mandatory carbon reporting beyond the original heavy sectors to include petrochemicals, chemicals, flat glass, copper smelting, papermaking, and civil aviation. That move does not ... [continued] The post China’s Carbon Market Expands Into Heavy Industry As USA Regresses appeared first on CleanTechnica .