GUANGZHOU, April 1 (Xinhua) -- Carbon emissions allowances closed at 64.68 yuan (about 9.
BOAO, Hainan, March 29 (Xinhua) -- Energy company executives attending the Boao Forum for Asia Annual Conference 2024 in Boao, south China's Hainan Province, have pledged aggressive plans while also calling for more global cooperation to help accelerate energy transition. At a sub-forum titled "Low Carbon Energy Transformation" held in Boao on Friday, Huang Yongzhang, president of PetroChina, revealed that China's largest oil and gas producer is actively developing its new energy business amid the country's green drive.
SHI YU/CHINA DAILY The recent administrative regulations adopted by the State Council, China's Cabinet, to manage the nation's carbon trading market — the world's largest — will help resolve emerging problems in the program and ensure that the market plays a significant role in helping the country realize its ambitious climate targets, experts said. Compared with previous regulations, which were issued by departments under the State Council, the new ones include much stricter penalties for violations to help deter companies from fraudulently understating their emissions, they said.
This photo taken on Oct. 11, 2023 shows the NIO Second Advanced Manufacturing Base in Hefei, east China's Anhui Province.
