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[National Carbon Market Quota Allocation Related Plan Issued] On September 3, the Ministry of Ecology and Environment recently issued the "National Carbon Emissions Trading Market Total Quotas and Allocation Plan for the Power Generation Industry in 2025 and 2026 and the Steel, Cement, and Aluminum Smelting Industry in 2026" to deploy the allocation scope, calculation method, issuance and settlement of quotas for relevant industries. The plan proposes to scientifically formulate the total quota and allocation plan based on the national greenhouse gas emission control goals and carbon peak carbon neutral implementation path, taking into account factors such as the macroeconomic situation, historical emissions, market adjustment needs, and carbon emission data management foundations, and gradually coordinate with production capacity replacement and output regulation policies to strengthen carbon emission control requirements for illegal and backward production capacity and self-owned power plants, and promote orderly and safe carbon reduction in the industry. (Xinhua News Agency)
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