Environmental Engineering Reference
In-Depth Information
Table 7.1
(continued)
Time
Description
Hubei, Shanxi and Yunnan Province and the eight cities are Tianjin, Chongqing,
Shenzhen, Xiamen, Hangzhou, Nanchang, Guiyang and Baoding
September,
2010
The General Office of NDRC issued the
Notice of the Launch of Provincial
Greenhouse Gas Emissions Inventory Compilation
(NDRC Climate Office [2010]
No. 2350) which launched the compilation work of provincial GHG emissions
inventories and selected Shanxi, Zhejiang, Hubei, Yunnan, Liaoning and
Guangdong Provinces as the pilots to explore and accumulate experience in
provincial inventory compilation
October, 2010 The outline of the 12th Five-Year Plan of national economic and social
development of the P.R.C. expressly provides that we shall “explore and establish
the standard identification and authentication system for low-carbon products,
establish and improve GHG emission statistics and accounting systems, gradually
set up carbon emissions trading markets and promote low-carbon pilot
demonstrations”
March, 2011 Premier Wen Jiabao specifies in the State Council's governmental work report for
the 4th meeting of the 11th Session of the National People's Congress that during
the 12th Five-Year Plan period, China's energy consumption and CO
2
emission
per unit of GDP shall be cut by 16 % and 17 %, respectively
March, 2011 The NDRC Climate Change Department organized the development and reform
commissions of Beijing, Shanghai, Tianjin, Chongqing, Guangdong Province and
Hubei Province (four cities and two provinces) for a meeting to arrange and deploy
a regional carbon emissions trading pilot project
April, 2011 Sun Cuihua, the deputy director of the NDRC Climate Change Department, said
that by 2013, China will carry out trading pilot projects in six cities and provinces
and set up a carbon trading platform throughout the country before 2015
July, 2011 Xie Zhenhua, the deputy director of NDRC, said that China will carry out carbon-
trading pilot projects and gradually establish a carbon trading market
October, 2011 The General Office of NDRC issued
The Notice on Carrying out Carbon Trading
Pilot
in October 2011, approved to carry out carbon trading pilots in seven
provinces and cities
December,
2011
Notice of the State Council on Issuing the Work Plan for Greenhouse Gas
Emission Control during the 12th Five-Year Plan Period
proposed establishing
carbon emissions trading market, developing carbon emissions trading pilot and
strengthening supporting system construction for carbon emissions trading and
also put forward carbon emission reduction target per unit of GDP for different
areas during the 12th Five-Year Plan period
June 21, 2012 NDRC issued the
Interim Measures for the Administration of Voluntary
Greenhouse Gas Emission Reduction Transactions
offsets for their own GHG emissions for the purpose of pursuing carbon neutrality.
“VER” refers both to the carbon credit transacted in the VER market and to the
GHG emissions reductions certified by the third-party verifier.
Both VER and CDM aim to reduce global GHG emissions with similar types of
projects. But unlike the CDM market, the VER market has not formed a set of
specific laws and standards, but instead different institutions have formulated a
series of varying standards. The completion of a transaction only requires that
