I have heard of Shanghai Stock Exchange and Shenzhen Stock Exchange, and there is a carbon exchange recently, which is definitely unknown to users who don't pay much attention to this transaction. At 9: 30 am on July 16, the national carbon emission trading was officially launched in Shanghai Environment and Energy Exchange. So what does carbon trading mean? What products are there?

What does carbon trading mean?

Carbon exchange is a trading place that standardizes this kind of carbon emission right and provides it to buyers and sellers according to certain rules. What is traded in carbon trading is actually carbon emission rights. We should establish the legal right to discharge pollutants and show it in the form of discharge permit. The trading mode of carbon exchange is similar to the conventional stock exchange, including listing and agreement transfer.

What are all products of carbon trading?

There are two basic products in the carbon trading market, one is the carbon emission quota allocated by the government to enterprises, and the other is the certified voluntary emission reduction (CCER). Carbon quota is a policy tool adopted by the government to achieve emission control objectives, and CCER introduces voluntary emission reduction market transactions outside the quota market. Among them, carbon trading refers to the trading of carbon emission rights. If the actual carbon emission of the enterprise is less than the quota, the remaining quota can be sold in the market.

If enterprises' emissions are higher than quotas, they need to buy quotas in the market. Enterprises can sell surplus quotas through the carbon trading market, adopt energy-saving and emission-reduction technologies, and finally realize that carbon emissions are lower than quotas. More than 2 162 key emission units in the power generation industry participated in the national carbon emission trading, which means that China's carbon emission trading market has been formally established.