PV Mounting System

Details of carbon emission trading solar system

  • 2021-06-16

With just days to go until the expected launch of China's carbon emission trading system, further details have been released on how the much-anticipated system will work, and these reveal the prospect of a market that will be a major engine driving the nation's green transformation as predicted by financial industry experts.


The Shanghai Environment and Energy Exchange will be responsible for opening accounts and the operation of the national carbon emission trading system, according to an announcement it released late on Tuesday night.

Tian Lihui, director of the Institute of finance and development at nankai university in Tianjin, said that the carbon trading system will become an important milestone of China's green development and help to form new financial markets.


Based on Chinese emissions allowances, a standard set by the State Council in late 2017, the national carbon trading system allows trading modes including listing trading by agreement, bulk trading by agreement and one-way bidding.

The transaction price for trading will be able to fluctuate by a maximum of 10 percent according to the closing price on the previous trading day, with the minimum declaration amount for bulk trading set at 100,000 metric tons of carbon dioxide and the fluctuation range of the transaction price set at 30 percent. Market entities applying for one-way bidding can purchase emission allowances from counterparts, with the bidding information released by the exchange.


The development of green energy finance and carbon emission trading is expected to play a major role in China's transition to a low-carbon and green economic growth model, a point which was emphasized recently by a top central bank official.


-------------------------

Any interest or question, you can contact us.  XIAMEN LARGE ENERGY GROUP.

Our website: www.largenergy.com;

WhatsApp: +86-18650038692



We can provide any solar mounting solutions for your need,Yours trust is our honor.

© Copyright: 2021 Xiamen Large Energy Tech Co., Ltd All Rights Reserved.

IPv6 network supported

top

Leave A Message

Leave A Message

    If you are interested in our products and want to know more details,please leave a message here,we will reply you as soon as we can.