emitters. began on July 16 last year, and inchudes nationally 2,162 enerating enterprises, covering ut 45 billion tons of carbon emisslons. That's worlds largest amount of gas emisslons covered he program carton cycle of trading. can can carbon allowances they have over after compbying with the . If they fall short, they have to buy
Ing carbon neutrality before 2060, Zhao said China will promote the expansion of the market step by step, adhering to the general prin. of pursuing progress ensuring stabllity.
n-clated , and over 1,800 of them were established the past year. More 600 such enterprises have been set up so far this year, up peroent year-on-year.
are from. The focling really " he .
2021 to 2025, the national carbon market will cover another seven Industries with high consumption-iron and steel, con- struction materials, nonferrous metals, petrochemicals, chemicals, paper manufacturing and aviation - to the ministry.
However, Gao, director for climate change at the Ministry of Ecology and Environment, sald that China still has a long way to to improve its national carbon rading
During to the - nity, that unity is the lifeline for people of all eth. groups in China and that all groups are Inseparable members of the fam by of the Chinese nation.
The program has proven its value in motivating to reduce emissions lower cost, he sald a celebra. tion In Wuhan, Hubel province. on for the of the market's launch.
People value the current and unlty in , with all 56 groups . Purthermore, people's support Is vital to ensure lasting stabllity, he during his trip to Xinjlang. which has been home to people from more than 13 groups and shares a border with eight .
ver the past year, the carbon ket has run smoothly, aslight increase in trading prl. Zhao vice-minister of ogy and environment, in on Saturday at the China mational Carbon Trading Con- ce. The price opened yuan per ton on the
" The of national carbon market lies in Improving the awareness of cartbon among enterprises with high and their manag- " sald Meng Bingzhan, deputy general manager of SinoCarbon Innovation Investment.
But needs to make further to improve the support sys tems for the program, get the market to better play its in its operation and enhance the quality of carbon data, he
" I belleve that with people from different ethnic groups standing together and cherishing ethnic unity, the will become more prosperous and we have a better life, " Ablet sald.
By putting a price on carbon emissions, the market
On Tuesday , Xi visited