China Announces Coal Restrictions and a National Carbon Market to Begin in 2016

The Chinese government has shown new muscle in its efforts to rein in its enormous GHG emissions. China’s planning agency, the National Development and Reform Commission, issued a directive banning the sale or import of coal with 40 per cent or more ash content and 3 per cent or more sulphur content, with tighter restrictions (ash content limits at 16 per cent and sulphur at 1 per cent) in major economic hubs, including Beijing, Shanghai and Guangzhou.

Australians, whose coal industry could be adversely affected, see this as a move to protect the Chinese coal mining industry, according to the Sydney Morning Herald at: http://www.smh.com.au/business/china-coal-ban-to-rescue-domestic-mines-20140917-10ibcl.html. See also a Wall Street Journal report at: http://online.wsj.com/articles/china-coal-ban-highly-polluting-types-banned-starting-in-2015-1410852013.

In September, China also announced that it plans to launch a national carbon market in only two years, in 2016. See the New York Times announcement at: http://www.nytimes.com/2014/09/01/business/international/china-plans-a-market-for-carbon-permits.html, a brief summary by the International Centre for Trade and Sustainable Development at: http://www.ictsd.org/bridges-news/bridges/news/china-unveils-plans-for-national-carbon-market-by-2016 or a detailed analysis by Caron Brief at: http://www.carbonbrief.org/blog/2014/09/analysing-china-carbon-market/.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s