Logo 27 Mar 2025

National carbon market rules for cement, iron and steel, and aluminum finalized

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China’s national emissions trading scheme (ETS) is expanding.
On Friday, the Ministry of Ecology and Environment (MEE) released rules adding cement, iron and steel, and aluminum smelting to the national ETS.
Some context: China’s ETS launched in 2021 and only covers the power sector.

The ETS a...