At around 9:30 on the 16th, the national carbon emissions trading market officially launched online trading, with a total trading volume of more than 4.1 million tons throughout the day.

The "opening" of the carbon market with the largest global coverage of greenhouse gas emissions is an important policy tool for achieving carbon peaking, carbon neutrality and nationally determined contribution goals, and will also be an important step in global climate action.

_{The first day's trading volume reached 4.1 million tons}

Just a few minutes after the opening, the listing agreement transaction has accumulated 450,000 tons and the transaction volume has reached more than 22 million yuan. As new transactions continue to be concluded, the volume and transaction price are constantly refreshed.

At 3 pm, trading ends on the first day.

The reporter learned from the Shanghai Environmental Energy Exchange, the trading operation and maintenance unit of the national carbon market, that the first day's transaction volume was 4.104 million tons, the transaction volume was 21.230 million yuan, and the average transaction price was 51.23 yuan/ton. Sinopec, Shenergy Group, Zhejiang Energy Group, China Resources Power and other companies participated in the first day of transactions in the national carbon market.

The launching ceremony of the national carbon market online trading filmed in Wuhan on July 16.

Focus on the trading interface, as soon as there is a company's pending order, immediately start picking up the order. In the morning, Ling Jing, a carbon emissions trader from Shenergy Group, has been busy and nervously buying and selling carbon allowances for the company.

Carbon emission rights trading, as the name suggests, is to buy and sell carbon dioxide emission rights as commodities. Before the transaction, the government department allocates the carbon emission credits within the specified period, that is, the carbon emission rights, to key emission units such as enterprises.

If company A increases R&D investment and carries out technological innovation, and its actual carbon emissions are lower than the quota, it can sell the remaining allowances in the market; if company B's carbon emissions exceed the quota, it needs to buy other companies' surplus from the market Quota.

The real-time information screen of national carbon emissions trading taken in Wuhan on July 16.

The national carbon emission rights registration system and trading system were established in Hubei Province and Shanghai. The power generation industry is the first industry to be included in the national carbon market, with more than 2,000 key emission units included in the power generation industry. At the initial stage of the market, spot trading of allowances was only carried out among key emission units in the power generation industry.

According to the relevant calculations of the Ministry of Ecology and Environment, the carbon emissions of enterprises covered by the first batch of carbon markets exceeded 4 billion tons of carbon dioxide. This means that once my country's carbon market is launched, it will become the world's largest carbon market covering greenhouse gas emissions.

From pilot projects to the whole country, promote green transformation with market "golden key"

my country's carbon market construction started from local pilot projects. Since October 2011, Beijing, Tianjin, Shanghai, Chongqing, Hubei, Guangdong, and Shenzhen have launched local pilot projects for carbon emissions trading. The local pilots have started trading in June 2013.

Through the role of market mechanisms to promote energy conservation, emission reduction and green transformation of enterprises, companies that have previously participated in local carbon market pilot projects are deeply touched by this.

The real-time information screen of national carbon emissions trading taken in Wuhan on July 16.

Hubei Energy Group has participated in the pilot carbon market transactions in Hubei Province in recent years. In addition to its subordinate Ezhou Power Generation Co., Ltd., which had a surplus in 2014, it will need to spend part of the funds to purchase quotas every year.

In recent years, this power plant has been exploring a green development path, relying on technical means to reduce energy consumption and carbon emissions. In 2019, the power plant began to put into operation the third phase of the project. The third phase of the project uses more advanced units, which greatly reduces carbon dioxide emissions.

"It is expected that after power plants participate in the national carbon market, there will be surpluses in their annual carbon allowances." Liang Wei, deputy director of the production technology and marketing department of Hubei Energy Group, said that the opening of the national carbon market will be a revolution in energy transformation Companies should always pay attention to carbon prices and make energy-saving and emission-reduction decisions based on carbon prices, so as to contribute to my country's low-carbon, environmentally friendly and green development.

From the local pilot project to the national market launch, the carbon market has taken an important step, which will also have an important impact on all parties in the market.

On the 16th, the reporter met Zhang Zhuang, a trader from China Huadian Group Carbon Assets Operation Company in Shanghai. He brought two things on the first day of launching on the national carbon market-quotas and funds.

On July 16, the launching ceremony of the national carbon market online trading and the China Carbon Trading Market Forum were held at the Shanghai Environment and Energy Exchange.

"Before the national carbon market was launched, the carbon allowances of our power plants could only be circulated in the region. The different prices and rules in different pilot regions also caused many problems for the carbon asset operation of our power generation companies. Today, the national carbon market is online, and we can uniformly operate and adjust the carbon allowances of power plants across the country, which will help the group's cross-regional balanced development, and it will also encourage us to continuously upgrade and transform power generation technology to achieve green transformation." Zhang Zhuang Say.

Li Zhiqing, executive director of the Green Finance Research Center of Fudan University, said: "The biggest benefit of opening up the national carbon market is that we will have a carbon emission pricing mechanism in the future, and use the market and price mechanism to regulate the use of emission rights." Take the carbon trading market as an example. The main carbon pricing is an effective tool that can combine and synergize environmental protection with economic and social development, and can simultaneously solve the problems of imbalances in resources and environment, economic growth, and green development.

On July 16, the launching ceremony of the national carbon market online trading and the China Carbon Trading Market Forum were held at the Shanghai Environment and Energy Exchange.

Energy-saving and emission reduction of each enterprise will lay a solid foundation for the green transformation of the whole society.

When talking about the role and significance of the national carbon market for carbon peaking and carbon neutrality, Zhao Yingmin, the deputy minister of the Ministry of Ecology and Environment, said that the carbon market can promote the high-emission industries under its control to achieve green and low-carbon industrial structure and energy consumption. , To promote high-emission industries to take the lead in reaching the peak. At the same time, the carbon market releases price signals for carbon emission reduction and provides economic incentives to guide funds to industries and enterprises with high emission reduction potential, promote green and low-carbon technological innovation, and promote the green and low-carbon transformation of high-emission industries.

Promote the steady and healthy development of the carbon market

Compared with the relatively longer and more mature carbon markets in Europe and the United States, the construction of my country's carbon market is still in its infancy.

Industry experts said that at the initial stage, as long as there are no major design defects, a reasonable carbon price, and a high compliance rate to ensure the effectiveness of emission reductions, it can be said that initial success has been achieved, and then it can be improved in stages. And the development will gradually reach a more ideal state.

The average transaction price of 51.23 yuan/ton on the first day is in line with market expectations? How to treat the fluctuation of carbon price?

From a microscopic and short-term perspective, the carbon price is mainly determined by the supply and demand of allowances. From a macro and long-term perspective, the carbon price is determined by the overall status and trends of economic operation and industry development.

"Too high or too low a carbon price is not good." Zhao Yingmin said that too low a carbon price will dampen the enthusiasm of companies to reduce emissions; too high a carbon price will also cause some high-carbon companies to overburden. A reasonable carbon price can not only demonstrate my country's determination and strength to achieve the goal of carbon peak and carbon neutrality, but also provide effective price incentive signals for carbon emission reduction companies.

This is the first offshore wind power master control system localized unit of Huadian Fuqing Haitan Strait Offshore Wind Power Project

In Li Zhiqing's view, the national carbon market has just started, and prices may not fluctuate too much. Considering that the current domestic carbon trading volume and price are significantly lower than the international level, in the medium and long term, the carbon price is likely to rise.

Experts also reminded that the carbon market and carbon finance will become important policy tools to help low-carbon development goals. It should be noted that the fundamental purpose of the construction of the carbon market is to promote carbon emission reduction and achieve carbon neutrality. Therefore, it is necessary to prevent the "excessive financialization" of the carbon trading process, avoid the situation of "national carbon speculation" in the short term, and let the national carbon market truly exert the greatest effect of energy conservation and emission reduction.

This is a corner of the photovoltaic power station of the New Energy Branch of Datang Qinghai Company in Gonghe County, Hainan Tibetan Autonomous Prefecture, Qinghai Province

The chairman of the Hubei Carbon Emissions Trading Center Zeng celebrated and said that at present, relevant departments have carried out data accounting, reporting and reporting of high-emission industries such as power generation, petrochemical, chemical, building materials, steel, non-ferrous metals, papermaking, and aviation for many years. Verification work. In the next step, after the healthy operation of the carbon market in the power generation industry, the coverage of the carbon market will be further expanded, giving full play to the important role of the market mechanism in controlling greenhouse gas emissions, promoting green and low-carbon technological innovation, and guiding climate investment and financing.