Experts warn of excessive production of EV batteries chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
Last week, however, only about 187,027 tons of carbon emission allowances, or just 4.5 percent of the volume seen on July 16, were traded for 10.12 million yuan."In order to effectively guide companies to take the initiative to reduce emissions, carbon trading price needs to reach 150 yuan per ton to 200 yuan per ton in the period from 2025 to 2030," Wang said.
China s planned rooftop PV mandate to put rural areas at forefront of green push globaltimes.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globaltimes.cn Daily Mail and Mail on Sunday newspapers.
SOURCE / ECONOMY
By Global Times Published: May 06, 2021 09:34 PM
A steel manufacturing firm in Taizhou, East China’s Jiangsu Province, is busy making supporting equipment for overseas mining. Photo: cnsphoto
The National Development and Reform Commission (NDRC) released an official report on Thursday targeting steel smelting projects in an effort to push the steel industry to achieve carbon neutrality and promote green, low-carbon and high-quality development.
The construction of steel smelting projects must meet the requirements of advanced technology and equipment as well as leading indicators in the steel industry to achieve green and intelligent development, according to the NDRC s report, adding that pollutant emissions should meet the strict requirements.
China s large-scale cryogenic refrigeration technology, which is fundamental for important industrial sectors such as aerospace and hydrogen energy, has made a major breakthrough, with the ability to cool down -271C with hundred-watt level power.
China s major scientific research project for developing the large-scale cryogenic refrigeration system in liquid helium to superfluid helium temperature range has passed experts appraisal, Xinhua reported on Saturday. This project is supported by the Ministry of Finance and undertaken by the Technical Institute of Physics and Chemistry of the Chinese Academy of Sciences (TIPC-CAS).
China can now develop large-scale cryogenic refrigeration equipment with a liquid helium temperature of 4.2K (-269 C) kilowatt level and superfluid helium temperature of 2K (-271C) hundred-watt level, a milestone which has broken technology monopoly by the developed countries, and made China s large-scale cryogenic refrigeration technology reach th