{"id":3927,"date":"2022-04-18T17:54:38","date_gmt":"2022-04-18T09:54:38","guid":{"rendered":"https:\/\/igdptest.symbol365.com\/en\/?post_type=insight&#038;p=3927"},"modified":"2026-08-18T18:01:07","modified_gmt":"2026-08-18T10:01:07","slug":"expanding-the-coverage-of-the-national-carbon-emissions-trading-scheme","status":"publish","type":"insight","link":"https:\/\/igdptest.symbol365.com\/en\/insights\/expanding-the-coverage-of-the-national-carbon-emissions-trading-scheme\/","title":{"rendered":"Expanding the Coverage of the National Carbon Emissions Trading Scheme"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3927\" class=\"elementor elementor-3927\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c56b662 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"c56b662\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0e4dad1\" data-id=\"0e4dad1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6611bac elementor-widget elementor-widget-igdp_insight_detail_hero\" data-id=\"6611bac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"igdp_insight_detail_hero.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"row-report1\">\n\t\t<div class=\"wp\">\n\t\t\t\t<div class=\"cur cur1\">\n\t\t<a href=\"\/en\/\">Home<\/a>\n\t\t<i>\/<\/i>\n\t\t<a href=\"\/en\/insights\/\">Insights<\/a>\n\t\t<i>\/<\/i>\n\t\t<span>Expanding the Coverage of the National Carbon Emissions Trading Scheme<\/span>\n\t<\/div>\n\t\t\t\t<div class=\"m-report1 wow fadeInUp\">\n\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t<div class=\"inner\">\n\t\t\t\t\t\t<div class=\"tit\">Expanding the Coverage of the National Carbon Emissions Trading Scheme<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"line\"><\/div>\n\t\t\t\t\t\t<div class=\"desc\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon3.svg);\">Chinese<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon4.svg);\">APR 2022<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon5.svg);\">Report<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon6.svg);\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span\">Green Economics<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span\">Industry<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc2\">\n\t\t\t\t\t\t\t\t<div class=\"span2\">Summary:<\/div>\n\t\t\t\t\t\t\t\t<div class=\"span3\">This report examines the challenges and policy options for expanding China&#039;s national carbon emissions trading scheme beyond the power sector to include additional industries such as cement, aluminum, steel, chemicals, and others. It identifies information gaps\u2014particularly the lack of detailed data on diverse industrial processes and trade exposure\u2014and concerns about international competitiveness as key obstacles to expansion. To overcome these barriers, the report recommends a three step approach: first, introducing a price collar (price floor and ceiling) to manage economic risks and address competitiveness concerns; second, simplifying allocation benchmarks by reducing the number of technology specific benchmarks to the minimum feasible per product category; and third, highlighting the alignment between ETS expansion and China&#039;s broader economic strategy of fostering domestic innovation and competitiveness in growing global clean technology markets. The report also includes a case study on green hydrogen to illustrate the innovation and market opportunities that ETS expansion can catalyze, arguing that the economic benefits\u2014though often overlooked\u2014warrant greater attention from policymakers and industry stakeholders.<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc2\">\n\t\t\t\t\t\t\t\t<div class=\"span2\">Suggested citation:<\/div>\n\t\t\t\t\t\t\t\t<div class=\"span3\">Busch Chris, Hu Min, Chen Meian. (2022). Expanding the Coverage of the National Carbon Emissions Trading Scheme: Challenges and Countermeasures. Energy Innovation, Institute of Finance and Sustainability, and Institute for Global Decarbonization Progress (iGDP).<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc2\">\n\t\t\t\t\t\t\t\t<div class=\"span2\">License:<\/div>\n\t\t\t\t\t\t\t\t<div class=\"span3\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\" class=\"link\">Creative Commons Attribution 4.0 International License (CC BY 4.0)<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"igdp-report-download-buttons\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"\/en\/wp-content\/uploads\/2022-04-IGDP-Report-ZH-Expanding-the-Coverage-of-the-National-Carbon-Emissions-Trading-Scheme.pdf\" class=\"g-btnr1\"><span style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon7.svg);\">download zh<\/span><\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t<div class=\"pic\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"\/en\/wp-content\/uploads\/Screenshot-2026-08-18-at-5.55.15-PM.jpg\" alt=\"Expanding the Coverage of the National Carbon Emissions Trading Scheme\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f43b81c elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"f43b81c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-07eebdd\" data-id=\"07eebdd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-195c15e elementor-widget elementor-widget-igdp_insight_detail_related\" data-id=\"195c15e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"igdp_insight_detail_related.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"row-report4\" id=\"page09\">\n\t\t<div class=\"wp\">\n\t\t\t<div class=\"g-titr1 wow fadeInUp\">Related<\/div>\n\t\t\t<ul class=\"ul-report4 wow fadeInUp\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"\/en\/insights\/decarbonizing-steel-industry-thermal-systems-technological-pathways-and-practices\/\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">Decarbonizing Steel Industry Thermal Systems<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">This report examines the low-carbon transition pathways for thermal\/heating systems in China&#039;s steel industry, reviewing the policy drivers behind decarbonization and analyzing the technological trajectory across near-, medium-, and long-term horizons (2025\u20132060). It surveys and compares the applicability, economics, and emissions-reduction potential of key technologies\u2014including waste heat recovery, system efficiency improvements, and hydrogen-based metallurgy\u2014through in-depth case studies (HBIS Group&#039;s hydrogen metallurgy, Shougang Jingtang&#039;s process interface optimization, and Sinosteel\/CISP&#039;s hydrogen-based smelting reduction, among others). It further identifies the practical barriers to scaling these technologies (high green hydrogen costs, renewable energy intermittency, stranded-asset risk, and weak cross-sector coordination mechanisms), and proposes policy recommendations to accelerate the sector&#039;s shift toward integration with renewable energy systems.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Report<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">AUG 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"1085\" src=\"https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-1.11.52-PM-768x1085.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-1.11.52-PM-768x1085.jpg 768w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-1.11.52-PM-212x300.jpg 212w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-1.11.52-PM-725x1024.jpg 725w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-1.11.52-PM-1087x1536.jpg 1087w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-1.11.52-PM.jpg 1128w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"\/en\/insights\/consumption-constraints-in-chinas-green-hydrogen-amino-acid-industry\/\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">Consumption Constraints in China&#8217;s Green Hydrogen Amino Acid Industry<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">Examines the green hydrogen, ammonia, and methanol industry in China, contends that the sector is shifting from a supply-side capacity-expansion phase to a &quot;demand-constrained&quot; phase where commercial viability depends on forming a closed-loop offtake and consumption system, identifies critical bottlenecks\u2014including high production costs (2\u20133 times higher than conventional routes), insufficient port refueling infrastructure, heavy reliance on volatile international certification (e.g., ISCC) and external demand, and the failure of green premiums to translate into stable domestic willingness-to-pay\u2014and proposes a strategic policy reorientation from merely &quot;building production capacity&quot; to actively &quot;creating demand&quot; through enforceable domestic demand-side mechanisms (e.g., non-electric consumption targets, green procurement, and carbon market integration), enhanced domestic green certification and pricing capabilities, consumption-side incentives, and stricter project screening focused on commercial closure, in order to unlock the industry&#039;s low-carbon value, reduce dependence on external rules, and support its sustainable commercial scaling and contribution to China&#039;s energy transition.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Commentary<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">JUN 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img decoding=\"async\" width=\"768\" height=\"1087\" src=\"https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-12.48.16-PM-768x1087.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-12.48.16-PM-768x1087.jpg 768w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-12.48.16-PM-212x300.jpg 212w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-12.48.16-PM-724x1024.jpg 724w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-12.48.16-PM-1086x1536.jpg 1086w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-12.48.16-PM.jpg 1128w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"https:\/\/dialogue.earth\/en\/energy\/behind-chinas-boom-in-zero-carbon-industrial-parks\/\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">Behind China\u2019s Boom in \u2018Zero-Carbon Industrial Parks\u2019<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">As the parks multiply, unified standards and better carbon accounting are needed to maximize their potential.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Op-ed<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">APR 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/josh-beech-tXJhAFVOHVk-unsplash-768x512.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/josh-beech-tXJhAFVOHVk-unsplash-768x512.jpg 768w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/josh-beech-tXJhAFVOHVk-unsplash-300x200.jpg 300w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/josh-beech-tXJhAFVOHVk-unsplash-1024x683.jpg 1024w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/josh-beech-tXJhAFVOHVk-unsplash-1536x1024.jpg 1536w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/josh-beech-tXJhAFVOHVk-unsplash-2048x1365.jpg 2048w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"\/en\/insights\/from-fuel-to-feedstock-chinas-fossil-fuel-turning-point-and-implications-for-subnational-decarbonization-in-carbon-intensive-industries\/\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">From Fuel to Feedstock: China&#8217;s Fossil Fuel Turning Point and Implications for Subnational Decarbonization in Carbon-Intensive Industries<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">This policy brief analyzes the structural shift in China&#039;s fossil energy consumption from fuel to feedstock, identifying provinces with high feedstock dependence and assessing the implications for subnational decarbonization under the &quot;dual control&quot; framework for carbon emissions. The methodology combines quantitative analysis of national and provincial energy statistics from the China Energy Statistical Yearbook (2019\u20132023) with a classification framework that ranks provinces based on the share of coal, oil, and natural gas used as feedstock relative to their total final consumption of each fuel. It then derives targeted policy recommendations centered on accelerating the deployment of green hydrogen, ammonia, and methanol as substitutes for fossil feedstocks in carbon-intensive industries, supported by a case study of Inner Mongolia&#039;s green hydrogen industry plan.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Policy Brief<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">APR 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"1087\" src=\"https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.56.29-PM-768x1087.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.56.29-PM-768x1087.jpg 768w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.56.29-PM-212x300.jpg 212w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.56.29-PM-723x1024.jpg 723w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.56.29-PM-1085x1536.jpg 1085w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.56.29-PM.jpg 1126w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"\/en\/insights\/eu-carbon-border-adjustment-mechanism-cbam-progress-and-prospects\/\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">EU Carbon Border Adjustment Mechanism (CBAM): Progress and Prospects<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">This report analyzes the European Union&#039;s Carbon Border Adjustment Mechanism (CBAM) as it transitions from its preparatory phase to full implementation, focusing on three critical policy areas with direct implications for Chinese exporters: the recognition of carbon prices paid in producing countries, the potential conditional acceptance of international carbon credits, and the technical alignment between CBAM and the EU ETS free allowance benchmarks. The methodology combines systematic legal review of the CBAM Regulation and its implementing acts with practical policy assessment, drawing on official EU legislative documents, technical studies from the Joint Research Centre (JRC) and the European University Institute (EUI), and expert reports from adelphi and the Climate Club. The research examines the regulatory texts, identifies remaining uncertainties, and derives forward-looking policy recommendations for Chinese authorities and enterprises.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Report<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">APR 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"1086\" src=\"https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.15.09-PM-768x1086.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.15.09-PM-768x1086.jpg 768w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.15.09-PM-212x300.jpg 212w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.15.09-PM-724x1024.jpg 724w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.15.09-PM-1086x1536.jpg 1086w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/Screenshot-2026-08-11-at-9.15.09-PM.jpg 1124w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"https:\/\/mp.weixin.qq.com\/s\/3aBPI383NRi8K3nYvYIy9g\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">Zero-Carbon Industrial Parks\u2014A Key Driver of the Industrial Green Transition<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">The development of zero-carbon industrial parks is not the result of a single policy initiative, but rather an inevitable choice driven by the combined effects of macro-level strategies, international competition, and the industry\u2019s own internal momentum.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Op-ed<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">APR 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/homa-appliances-pWUyHVJgLhg-unsplash-768x512.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/homa-appliances-pWUyHVJgLhg-unsplash-768x512.jpg 768w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/homa-appliances-pWUyHVJgLhg-unsplash-300x200.jpg 300w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/homa-appliances-pWUyHVJgLhg-unsplash-1024x683.jpg 1024w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/homa-appliances-pWUyHVJgLhg-unsplash-1536x1025.jpg 1536w, https:\/\/igdptest.symbol365.com\/en\/wp-content\/uploads\/homa-appliances-pWUyHVJgLhg-unsplash-2048x1366.jpg 2048w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>This report examines the challenges and policy options for expanding China&#8217;s national carbon emissions trading scheme beyond the power sector to include additional industries such as cement, aluminum, steel, chemicals, and others. It identifies information gaps\u2014particularly the lack of detailed data on diverse industrial processes and trade exposure\u2014and concerns about international competitiveness as key obstacles to expansion. To overcome these barriers, the report recommends a three step approach: first, introducing a price collar (price floor and ceiling) to manage economic risks and address competitiveness concerns; second, simplifying allocation benchmarks by reducing the number of technology specific benchmarks to the minimum feasible per product category; and third, highlighting the alignment between ETS expansion and China&#8217;s broader economic strategy of fostering domestic innovation and competitiveness in growing global clean technology markets. The report also includes a case study on green hydrogen to illustrate the innovation and market opportunities that ETS expansion can catalyze, arguing that the economic benefits\u2014though often overlooked\u2014warrant greater attention from policymakers and industry stakeholders.<\/p>\n","protected":false},"featured_media":3928,"template":"","meta":{"_acf_changed":false,"igdp_summary":"This report examines the challenges and policy options for expanding China's national carbon emissions trading scheme beyond the power sector to include additional industries such as cement, aluminum, steel, chemicals, and others. It identifies information gaps\u2014particularly the lack of detailed data on diverse industrial processes and trade exposure\u2014and concerns about international competitiveness as key obstacles to expansion. To overcome these barriers, the report recommends a three step approach: first, introducing a price collar (price floor and ceiling) to manage economic risks and address competitiveness concerns; second, simplifying allocation benchmarks by reducing the number of technology specific benchmarks to the minimum feasible per product category; and third, highlighting the alignment between ETS expansion and China's broader economic strategy of fostering domestic innovation and competitiveness in growing global clean technology markets. The report also includes a case study on green hydrogen to illustrate the innovation and market opportunities that ETS expansion can catalyze, arguing that the economic benefits\u2014though often overlooked\u2014warrant greater attention from policymakers and industry stakeholders.","igdp_featured_media":3928,"igdp_download_file":1630,"igdp_external_url":"","igdp_key_info":"","igdp_related_insights":[]},"insight_type":[48],"insight_region":[45],"igdp_topic":[149,153],"class_list":["post-3927","insight","type-insight","status-publish","has-post-thumbnail","hentry","insight_type-report","insight_region-china-national","igdp_topic-green-economics","igdp_topic-industry"],"acf":[],"_links":{"self":[{"href":"https:\/\/igdptest.symbol365.com\/en\/wp-json\/wp\/v2\/insight\/3927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/igdptest.symbol365.com\/en\/wp-json\/wp\/v2\/insight"}],"about":[{"href":"https:\/\/igdptest.symbol365.com\/en\/wp-json\/wp\/v2\/types\/insight"}],"version-history":[{"count":5,"href":"https:\/\/igdptest.symbol365.com\/en\/wp-json\/wp\/v2\/insight\/3927\/revisions"}],"predecessor-version":[{"id":3933,"href":"https:\/\/igdptest.symbol365.com\/en\/wp-json\/wp\/v2\/insight\/3927\/revisions\/3933"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/igdptest.symbol365.com\/en\/wp-json\/wp\/v2\/media\/3928"}],"wp:attachment":[{"href":"https:\/\/igdptest.symbol365.com\/en\/wp-json\/wp\/v2\/media?parent=3927"}],"wp:term":[{"taxonomy":"insight_type","embeddable":true,"href":"https:\/\/igdptest.symbol365.com\/en\/wp-json\/wp\/v2\/insight_type?post=3927"},{"taxonomy":"insight_region","embeddable":true,"href":"https:\/\/igdptest.symbol365.com\/en\/wp-json\/wp\/v2\/insight_region?post=3927"},{"taxonomy":"igdp_topic","embeddable":true,"href":"https:\/\/igdptest.symbol365.com\/en\/wp-json\/wp\/v2\/igdp_topic?post=3927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}