Expert Advocates Carbon Trading System for China's Cement Industry to Address Emissions Issue
Wednesday, 15 May 2024, 02:00
China's Cement Sector and Carbon Trading
An industry expert has proposed the adoption of a carbon trading system in China, similar to Europe, to address emissions in the cement sector.
- The system aims to induce Chinese cement makers to make costly but necessary ecological investments.
- By tightening supply and raising prices, the system could potentially lead to reduced carbon emissions.
Implementing an effective carbon trading system can play a crucial role in encouraging sustainable practices within China's cement industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.