Policymakers want to better measure the carbon footprints of Chinese products.
That's according to a plan released by the macro planner (NDRC) and four other agencies Wednesday.
The goal: Create carbon footprint accounting rules and standards for 50 products by 2025.
- That number goes up to 200 by 2030.
Officials envision a host of applications for carbon footprint information, including:
- Benchmarking performance against domestic and international peers
- Creating product certifications
- Identifying areas for improvement in energy efficiency and emission reductions
- Incorporating carbon footprints as a criterion for public procurement
- Encouraging consumers to purchase products with low carbon footprints
ICYDK: These plans don’t exist in a vacuum.
- Officials are already working on methods to determine the carbon emissions of finished products in key industries.
- The market regulator (SAMR) is working on product carbon emission certifications.
Get smart: Regulators will initially focus on developing standards for cement, iron and steel, aluminum, and fertilizers, for which it is relatively easy to determine footprints.