Recently, the quota trading and settlement work in the national carbon emissions trading market for 2024 has been completed. Over the past year, the national carbon emissions trading market has been operating in a stable and orderly manner, and its vitality has been further enhanced. The awareness of carbon emission reduction among key emitting units has continued to strengthen, the completion of quota settlements has generally improved, and the function of the national carbon emissions trading market in promoting low-cost emission reduction for the whole society has been continuously manifested.

It is understood that there were a total of 2,096 key emitting units in the power generation industry included in the quota management of the national carbon emissions trading market for 2023, with an annual coverage of approximately 5.2 billion tons of carbon dioxide emissions. The deadlines for fulfilling obligations in 2023 and 2024 were the end of 2024 and the end of 2025 respectively, achieving an annual obligation fulfillment. As of the end of 2024, the total amount of quotas that should have been settled for 2023 was 5.244 billion tons, and the completion rate of quota settlements was approximately 99.98%. The national carbon emissions trading market officially started trading on July 16, 2021. As of the end of 2024, the cumulative trading volume of quotas was 630 million tons, and the cumulative turnover was 43.033 billion yuan. Among them, the trading volume of quotas in 2024 was 189 million tons, and the turnover was 18.114 billion yuan, with the trading scale continuing to expand.