On the afternoon of the 9th local time in Dubai, at the United Nations Climate Change Conference in Dubai, the Chinese delegation held its first press conference to introduce the latest progress of the conference, and China's special envoy for climate change Xie Zhenhua said that China will go all out to support the UAE to host a successful conference, but there are still many differences between the parties on key issues such as fossil energy transition.
Chinese delegation: The transition to fossil fuels has become a key issue
Xie Zhenhua, China's special envoy for climate change, said that the fossil fuel transition issue is the focus of attention of all parties, and China is currently holding intensive consultations with major countries and groups to find a correct future direction that reflects positive energy and maximum inclusiveness.
At present, the cost of wind power generation has been reduced by 80% and the cost of photovoltaic power generation has been reduced by 90% globallyThis is a great contribution made by China to the development of renewable energy, and it has also laid a very good foundation for the large-scale deployment of renewable energy in the world.
Xie Zhenhua, China's Special Envoy for Climate ChangeChina's own vigorous development of renewable energy, now China's renewable energy has exceeded the installed capacity of coal power, this is a big change in the energy structure, we must continue to strengthen the development and utilization of renewable energy, and finally strive to gradually replace fossil energy. In addition, China and Middle Eastern oil-producing countries, we need to further develop renewable energy, green hydrogen, green ammonia, green alcohol, and we will continue to cooperate.
At this conference,116 countries have signed the Global Declaration on Renewable Energy and Energy Efficiency, proposing that by 2030, the global installed capacity of renewable energy will reach three times that of 2022, that is, the installed capacity will exceed 11 billion kilowatts.
Domestic export enterprises actively explore product carbon footprints
Recently, the National Development and Reform Commission and other departments jointly issued the "Opinions on Accelerating the Establishment of a Product Carbon Footprint Management System", formulating product carbon footprint accounting rules and standards, establishing a product carbon labeling certification system, and promoting international convergence and mutual recognition of carbon footprint. At present, what is the progress of domestic related industries in promoting carbon footprint?
CCTV reporter ordinaryIn Suzhou, Jiangsu Province, a new energy vehicle parts manufacturer, I have in my hand a smart controller that will be sold to Europe, which has just completed the verification of carbon footprint and obtained the first real-time carbon footprint certificate based on the whole life cycle in Jiangsu Province. The certificate shows that each such product has a carbon footprint of 1About 9 kg.
An export-oriented company located in the urban area of Suzhou has just established a product carbon footprint management platform, and the first product to calculate the carbon footprint is a roller shutter controller for sunroofs for new energy vehicles, with an annual output of about 400,000 units.
The person in charge of the enterprise told reporters that product carbon accounting runs through the entire production cycle of the product, starting from raw materials, there is a special product carbon emission factor library to calculate the carbon emissions of raw materials, and the future can cover various other products. One of the key links is the data collection and accounting of the power and energy link.
Qian Kejun, head of the carbon footprint project of State Grid Suzhou Power Supply CompanyThis is an electricity collection terminal, and the company has installed 179 such electricity collection terminals and 1 natural gas meter in key carbon emission links such as various production links, factories and key equipment, which can measure the carbon emissions and energy consumption of all aspects of the enterprise's production and non-production in real time.
In addition to auto parts companies, in Jiangsu, some energy storage companies are also accounting for product carbon footprints to cope with the new requirements of the EU's new battery law on carbon emissions.
According to the new EU battery law, the accounting requirements for carbon emissions of power batteries exported to the EU will be extended to the whole life cycle of products, and the carbon footprint accounting and disclosure system of the whole life cycle of products will be established, otherwise they will be prohibited from entering the EU market.
Carbon tariffs are coming, and industries such as power and steel must accelerate their green transformation
In addition to the battery law, the EU has also introduced a carbon border adjustment mechanism, which will be a transition period from October 1, 2023 to December 31, 2025, during which only relevant information needs to be reported on a quarterly basis, and there is no actual payment of carbon tariffs. From January 1, 2026, carbon tariffs will be officially imposed on products imported into the EU. How should Chinese exporters respond?
From January 1, 2026, carbon tariffs will be officially imposed on products imported into the EU. Chinese companies in six sectors, namely power, cement, fertiliser, steel, aluminium and hydrogen, are facing new compliance requirements under the EU's carbon border adjustment mechanism. This will drive the demand for carbon emission reduction in upstream and downstream related industries.
PwC China Tax Policy Services Leader, Long MaWe should have a better understanding of the rules related to the EU carbon border tax, because the current stage is a transitional period, and there are many opportunities for companies to familiarize themselves with and understand the transition period and the formal entry into force.
Many exporters said that they have begun to formulate carbon reduction plans to quantify the annual emission reductions and meet the overall carbon emission target. At the same time, we will promote the application and procurement of green electricity and increase the intensity of energy-saving transformation.
*: CCTV Finance & Economics.