The European Union commends China to start the national carbon market

A new cooperation project between China and Europe in the field of carbon trading was launched a few weeks ago. The project lasted for 3 years with a total capital of 10 million euros. The project will continue to strengthen cooperation between China and Europe in the field of carbon trading. The project will continue to consolidate bilateral cooperation and support capacity-building for the national carbon market on the basis of the first phase of the cooperation project launched and completed in 2014.
The European Union’s carbon trading system uses caps to control carbon emissions from large power plants, industrial facilities and aviation in Europe. The system covers nearly half of the EU’s greenhouse gas emissions. Last month, the European Parliament and the European Council reached preliminary agreement on a proposal to reform the EU’s carbon trading system after 2020.
CITICIC is mainly engaged in the designing and manufacturing of large machinery components and non-standard machinery parts,including shafts,gears sprockets,sheaves,couplings,bearing supports,castings and forgings etc.the products are mainly used in the fields of mining,petroleum,cement,steel mill,power plant,sugar factory etc.the material of products can reach more than one hundred types,which can meet different national standards.

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Post time: Apr-10-2018
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