CCER restart is faced with the problem of coordination of emission reduction tools

2022-06-21 0 By

Recently, the People’s Government of Hebei Province issued the “Implementation Opinions on The Complete, accurate and comprehensive Implementation of the New Development Concept and Conscientiously Achieve carbon peak carbon Neutrality”, which proposed to actively establish China Xiongan Green Exchange, promoting Beijing and Xiongan to jointly strive for the establishment of a national CCER (national certification voluntary emission reduction) trading market.Recently, the People’s Government of Hebei Province issued the “Implementation Opinions on The Complete, accurate and comprehensive Implementation of the New Development Concept and Conscientiously Achieve carbon peak carbon Neutrality”, which proposed to actively establish China Xiongan Green Exchange, promoting Beijing and Xiongan to jointly strive for the establishment of a national CCER (national certification voluntary emission reduction) trading market.Since the first performance period of the national carbon emission trading market came to a successful end, the voice of restarting CCER application processing is rising again.Some industry experts point out that documents on CCER record approval and emission reduction are currently being prepared, and it is expected to restart application processing this year.What will be the new trend of CCER, which suspended application processing in 2017, after the restart?CCER trading refers to the purchase of greenhouse gas emissions from renewable energy, forestry carbon sequestration, methane use and other projects in China to offset their own carbon emissions.Renmin university of China, vice President of the institute of applied economic Chen Zhanming in an interview with reporters, said: “CCER is important supplement of the carbon market tool, its trading prices generally lower than that of carbon cap-and-trade, which can effectively decrease the cost of enterprise performance, help to promote renewable energy, landfill, power generation, forestry carbon sequestration technology, arouse the enthusiasm of carbon emission reduction activities.”But in fact, the popular CCER was suspended and issued as early as 2017 due to problems such as low trading volume and non-standard projects.At present, ccers traded in the carbon market are all stock projects before 2017.”CCER record approval has been stagnant for 4 years. At present, the supply of CCER projects is gradually tightening, so it is reasonable to restart the application for new projects.”China Electricity Council planning and development director Pan Li said.According to data released by the Ministry of Ecology and Environment, the national carbon market will cover about 4.5 billion tons of carbon dioxide emissions annually in 2021.According to the carbon emission Trading Management Measures, the CCER offset quota ratio of 5%, then last year alone, the demand for CCER reached more than 200 million tons.”But the current stock of CCER in the carbon market is only about 50 million tons, far lower than the theoretical demand value.In the future, with the expansion of the national carbon market, annual carbon emissions will double, and the demand for CCER will further increase, so it is urgent to restart the application process.””Said Zhang Jianhong, a senior engineer at China International Engineering Consulting Co.With other tools to reduce emissions of coordination mechanism to improve the general office of the CPC Beijing municipal party committee, general office of the Beijing municipal people’s government issued by the “Beijing about building the modern environmental management system implementation plan”, Beijing will improve the carbon emissions trading system, management and contract to build the national voluntary greenhouse gas emission reduction trading center;The Beijing Green Exchange’s public bidding for a national voluntary greenhouse gas emission reduction registration system seems to signal the resumption of the CCER market.If CCER application resumes this time, what problems should be avoided?Zhang stressed that it is necessary to focus on improving the coordination mechanism with other emission reduction tools.”Previously, due to the unclear policies of carbon trading mechanism, green electricity market trading, and green electricity certificate subscription trading mechanism, enterprises building renewable energy power generation projects such as wind power and photovoltaic can theoretically obtain the dual benefits of CCER and green electricity trading by relying on the same project.”Yang Su, a senior researcher at the Energy Research Institute of The State Grid, said that eligible enterprises sell green electricity and CCER at the same time, there is a problem of double calculation of environmental value, which will have a certain impact on the statistics of the whole society’s emission reduction.To make green electricity, LuZheng, carbon quotas, CCER, reasonable policy tools such as right of use can coexist, maximizing energy saving carbon reduction synergy effect, zhang jianhong Suggestions, to restart CCER market should be clear the differences between different policy tools support project, we will further improve the offset management rules, setting and other tools depth fusion of the cohesive devices.”After four years, CCER will be more stringent in filing and approval procedures, and the application threshold will be further raised.”Yang su said the CCER was set up to support efforts to reduce emissions by encouraging renewable energy, forestry carbon sequestration, methane use and other projects.But now renewable energy has ushered in the era of affordable Internet access, and the development of new energy enterprises is gradually on the right track. After the restart, CCER record approval has additional requirements, and some affordable projects may not be able to declare because they do not meet the requirements.In addition, the application field of CCER will also be expanded.According to data released by the China Voluntary Emission Reduction Trading Information Platform, by the end of 2020, there were 200 CCER methodologies registered,The applicable fields of these methodologies are mainly concentrated in renewable energy (wind power, photovoltaic, hydropower, etc.), waste disposal (garbage incineration, landfill), biomass power generation, avoiding methane emission (biogas recovery), etc.”At present, new technologies and new forms of new energy development continue to emerge, and the applicable fields of CCER will be further expanded after the restart, and the existing methodology system will be further improved.More types of new energy projects will apply to enter the CCER market. In the future, Marine carbon sequestration and wetland carbon sequestration can be considered for inclusion.”Zhang jianhong said.Yang Su said that the restart of the CCER record approval project to achieve “rather than lack.””CCER project filing shall be supported by more specific and strict management regulations in terms of project type, project approval, emission reduction certification, etc.At the same time, efforts should be made to improve the information transparency of the trading platform, timely disclosure of CCER market trading volume, transaction price and other important information, at the same time to strengthen the supervision of participants and third-party certification institutions, the introduction of punishment mechanism, the establishment of a more standardized development and a higher degree of activity of CCER market.”Disclaimer: the above content is reproduced from China Energy net, the content does not represent the position of this platform.National Energy Information Platform Tel: 010-65367702, email: hz@people-energy.com.cn, Address: People’s Daily, No.2 Jintai West Road, Chaoyang District, Beijing