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Tire industry studies carbon transaction

The first carbon transaction market training for tire and carbon black sectors was held May 22-24 in Beijing.

The training was jointly organized by China Rubber Industry Association and the Human Resource Service Center of Chemical Industry.

Xu Wenying, vice chair and secretary general of CRIA, said over the past 30 years, people could feel the globe is turning warmer, and increasing carbon emission is a key reason for global warming.

China’s tire and carbon black sectors should make contribution to reduce carbon emission, said Xu.

Zhou Cheng, vice president of China Beijing Environment Exchange, shared with the trainees about the mechanism and theory of carbon black transaction, and the practices in China.  

China has piloted carbon emission right transaction in seven of Chinese cities and provinces, and is expected to open the national carbon emission right transaction market this year.

Tireworld