On Nov 9, a nuclear power project was launched in Haiyang, Shandong province, making it the first city in China to provide carbon-free winter heating capable of preventing 180,000 metric tons of carbon dioxide emissions a year.
As of December 22, China's national carbon market has included 2,162 key emitters in the power generation industry in the first implementation period from January 1 to December 31, covering about 4.5 billion tons of carbon dioxide emissions annually.
China's national carbon market has been operating smoothly since it started trading last month, a senior official said Wednesday.
China is expected to take a nationally coordinated and orderly approach to achieve its carbon peaking and neutrality goals, and resist taking short-term and hasty measures to cut carbon emissions, analysts said.
The inauguration of China's national carbon market - the largest in the world - will not only help accelerate domestic carbon reduction process but also promote global response to climate change, international experts have said.