{"id":3453,"date":"2023-09-15T21:39:21","date_gmt":"2023-09-15T13:39:21","guid":{"rendered":"\/?post_type=insight&#038;p=3453"},"modified":"2026-08-19T16:42:38","modified_gmt":"2026-08-19T08:42:38","slug":"prospects-for-bringing-the-steel-industry-into-the-national-carbon-market","status":"publish","type":"insight","link":"https:\/\/www.igdp.cn\/en\/insights\/prospects-for-bringing-the-steel-industry-into-the-national-carbon-market\/","title":{"rendered":"Prospects for Integrating the Steel Industry into the National Carbon Market"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3453\" class=\"elementor elementor-3453\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1ec71fe elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"1ec71fe\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-61a65f8\" data-id=\"61a65f8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3631b11 elementor-widget elementor-widget-igdp_insight_detail_hero\" data-id=\"3631b11\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"igdp_insight_detail_hero.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"row-report1\">\n\t\t<div class=\"wp\">\n\t\t\t\t<div class=\"cur cur1\">\n\t\t<a href=\"\/\">Home<\/a>\n\t\t<i>\/<\/i>\n\t\t<a href=\"\/insights\/\">Insights<\/a>\n\t\t<i>\/<\/i>\n\t\t<span>Prospects for Integrating the Steel Industry into the National Carbon Market<\/span>\n\t<\/div>\n\t\t\t\t<div class=\"m-report1 wow fadeInUp\">\n\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t<div class=\"inner\">\n\t\t\t\t\t\t<div class=\"tit\">Prospects for Integrating the Steel Industry into the National Carbon Market<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"line\"><\/div>\n\t\t\t\t\t\t<div class=\"desc\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon3.svg);\">English, Chinese<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon4.svg);\">SEP 2023<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon5.svg);\">Policy Brief<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon6.svg);\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span\">CCNT<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span\">Green Economics<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span\">Industry<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc2\">\n\t\t\t\t\t\t\t\t<div class=\"span2\">Summary:<\/div>\n\t\t\t\t\t\t\t\t<div class=\"span3\">This policy brief analyzes the prospects and necessary groundwork for incorporating China&#039;s steel industry into the national carbon emissions trading market. It reviews the evolution of the national carbon market, the current state of data infrastructure in the steel sector, and the quota allocation methods used in pilot carbon markets. These are compared with international practices (like the EU ETS) to assess the implications of different allocation methods (historical vs. benchmark) and forecast the potential timeline and challenges for the steel industry&#039;s inclusion.<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc2\">\n\t\t\t\t\t\t\t\t<div class=\"span2\">Suggested citation:<\/div>\n\t\t\t\t\t\t\t\t<div class=\"span3\">Yuan Yating. Prospects for Integrating the Steel Industry into the National Carbon Market. 2023. Report. Beijing: Institute for Global Decarbonization Progress.<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc2\">\n\t\t\t\t\t\t\t\t<div class=\"span2\">License:<\/div>\n\t\t\t\t\t\t\t\t<div class=\"span3\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\" class=\"link\">Creative Commons Attribution 4.0 International License (CC BY 4.0)<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"igdp-report-download-buttons\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"\/en\/wp-content\/uploads\/2023-09-IGDP-CCNT-Policy-Brief-EN-Prospects-for-Bringing-the-Steel-Industry-into-the-National-Carbon-Market.pdf\" class=\"g-btnr1\"><span style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon7.svg);\">download en<\/span><\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"\/en\/wp-content\/uploads\/2023-09-IGDP-CCNT-Policy-Brief-ZH-Prospects-for-Bringing-the-Steel-Industry-into-the-National-Carbon-Market.pdf\" class=\"g-btnr1\"><span style=\"background-image: url(\/en\/wp-content\/themes\/MyBasicTheme\/images\/igdp\/product\/icon7.svg);\">download zh<\/span><\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t<div class=\"pic\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"\/en\/wp-content\/uploads\/Screenshot-2026-08-15-at-9.41.49-PM.jpg\" alt=\"Prospects for Integrating the Steel Industry into the National Carbon Market\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-63e6fff elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"63e6fff\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-89cdcff\" data-id=\"89cdcff\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e0f943e elementor-widget elementor-widget-igdp_insight_detail_related\" data-id=\"e0f943e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"igdp_insight_detail_related.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"row-report4\" id=\"page09\">\n\t\t<div class=\"wp\">\n\t\t\t<div class=\"g-titr1 wow fadeInUp\">Related<\/div>\n\t\t\t<ul class=\"ul-report4 wow fadeInUp\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"\/en\/insights\/decarbonizing-steel-industry-thermal-systems-technological-pathways-and-practices\/\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">Decarbonizing Steel Industry Thermal Systems<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">This report examines the low-carbon transition pathways for thermal\/heating systems in China&#039;s steel industry, reviewing the policy drivers behind decarbonization and analyzing the technological trajectory across near-, medium-, and long-term horizons (2025\u20132060). It surveys and compares the applicability, economics, and emissions-reduction potential of key technologies\u2014including waste heat recovery, system efficiency improvements, and hydrogen-based metallurgy\u2014through in-depth case studies (HBIS Group&#039;s hydrogen metallurgy, Shougang Jingtang&#039;s process interface optimization, and Sinosteel\/CISP&#039;s hydrogen-based smelting reduction, among others). It further identifies the practical barriers to scaling these technologies (high green hydrogen costs, renewable energy intermittency, stranded-asset risk, and weak cross-sector coordination mechanisms), and proposes policy recommendations to accelerate the sector&#039;s shift toward integration with renewable energy systems.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Report<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">AUG 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"1085\" src=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-1.11.52-PM-768x1085.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-1.11.52-PM-768x1085.jpg 768w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-1.11.52-PM-212x300.jpg 212w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-1.11.52-PM-725x1024.jpg 725w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-1.11.52-PM-1087x1536.jpg 1087w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-07-at-1.11.52-PM.jpg 1128w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"https:\/\/dialogue.earth\/en\/energy\/can-chinas-zero-carbon-industrial-parks-go-global\/\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">Can China\u2019s zero-carbon industrial parks go global?<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">In March 2026, China\u2019s 15th Five Year Plan set a target to build \u201caround 100 national level zero-carbon industrial parks\u201d \u2013 zones for industrial production with net-zero or close to zero carbon emissions. It marked an upgrade to what had previously been a series of pilot projects around the country and catapulted such zones to a national priority.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Interview<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">JUL 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Jiangsu-wind-industrial-park-_Alamy_2XAPTHE-2400x1600-1-768x512.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Jiangsu-wind-industrial-park-_Alamy_2XAPTHE-2400x1600-1-768x512.jpg 768w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Jiangsu-wind-industrial-park-_Alamy_2XAPTHE-2400x1600-1-300x200.jpg 300w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Jiangsu-wind-industrial-park-_Alamy_2XAPTHE-2400x1600-1-1024x683.jpg 1024w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Jiangsu-wind-industrial-park-_Alamy_2XAPTHE-2400x1600-1-1536x1024.jpg 1536w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Jiangsu-wind-industrial-park-_Alamy_2XAPTHE-2400x1600-1-2048x1365.jpg 2048w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"https:\/\/www.jiemian.com\/article\/14825227.html\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">In-Depth: China\u2019s New Energy Sector Moves Beyond \u201cScale Worship\u201d<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">On July 23, the National Development and Reform Commission and the National Energy Administration released the \u201c15th Five-Year Plan for Renewable Energy Development\u201d (hereinafter referred to as the \u201cPlan\u201d), which sets out a systematic roadmap for the development of renewable energy over the next five years.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Interview<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">JUL 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img decoding=\"async\" width=\"700\" height=\"398\" src=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/725.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/725.jpg 700w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/725-300x171.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"https:\/\/sdg-china.net\/NewsList\/info_itemid_72148.html\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">The Online Carbon Neutrality Information Database CCNT 2.0 Officially Launched<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">On June 24, 2026, the Institute for Green Innovation and Development (iGDP) hosted the launch event for Zero Carbon Record 2.0 and a forum on progress toward the \u201cdual carbon\u201d goals.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Interview<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">JUL 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"465\" src=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/alizy-xiao-rpRUCKHG1qc-unsplash-scaled-e1786523941403-768x465.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/alizy-xiao-rpRUCKHG1qc-unsplash-scaled-e1786523941403-768x465.jpg 768w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/alizy-xiao-rpRUCKHG1qc-unsplash-scaled-e1786523941403-300x182.jpg 300w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/alizy-xiao-rpRUCKHG1qc-unsplash-scaled-e1786523941403-1024x620.jpg 1024w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/alizy-xiao-rpRUCKHG1qc-unsplash-scaled-e1786523941403-1536x930.jpg 1536w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/alizy-xiao-rpRUCKHG1qc-unsplash-scaled-e1786523941403.jpg 1707w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"https:\/\/www.cenews.com.cn\/news.html?aid=1794298\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">Mid-Year Review of Climate Governance: Extreme Weather, Geopolitical Rivalry, and Industrial Pressures<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">We are nearly halfway through 2026. Global warming is steadily approaching the 1.5\u00b0C threshold, and extreme weather events are becoming increasingly \u201ccommonplace.\u201d As China kicks off its 15th Five-Year Plan, the goal of reducing carbon intensity faces the practical pressure of \u201csluggish progress in the first half of the year\u201d\u2014global climate governance has reached a complex and critical crossroads.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Interview<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">JUN 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"478\" src=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-9.59.30-PM-e1787128162976-768x478.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-9.59.30-PM-e1787128162976-768x478.jpg 768w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-9.59.30-PM-e1787128162976-300x187.jpg 300w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-9.59.30-PM-e1787128162976-1024x638.jpg 1024w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-12-at-9.59.30-PM-e1787128162976.jpg 1108w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t\t<a href=\"https:\/\/paper.people.com.cn\/zgnyb\/pc\/content\/202606\/15\/content_30163634.html\" class=\"con\">\n\t\t\t\t\t\t\t<div class=\"txt\">\n\t\t\t\t\t\t\t\t<div class=\"tit\">iGDP Report: China\u2019s Green and Low-Carbon Transition Shows Regional Differentiation<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"desc\">According to Yang Li, deputy director of the Institute for Green Innovation and Development (iGDP), who spoke with a reporter from *China Energy News*, the report aims to track the implementation outcomes of local \u201cdual carbon\u201d targets and thereby provide a research foundation and decision-making support for promoting coordinated regional development and guiding localities to advance green transitions based on their own endowments and in accordance with local conditions.<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"span1\">Interview<\/span>\n\t\t\t\t\t\t\t\t<span class=\"date\">JUN 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"picbox\">\n\t\t\t\t\t\t\t\t<div class=\"pic\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"319\" src=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-18-at-10.28.08-PM-e1787127947898-768x319.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" srcset=\"https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-18-at-10.28.08-PM-e1787127947898-768x319.jpg 768w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-18-at-10.28.08-PM-e1787127947898-300x125.jpg 300w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-18-at-10.28.08-PM-e1787127947898-1024x426.jpg 1024w, https:\/\/www.igdp.cn\/en\/wp-content\/uploads\/Screenshot-2026-08-18-at-10.28.08-PM-e1787127947898.jpg 1203w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>This policy brief analyzes the prospects and necessary groundwork for incorporating China&#8217;s steel industry into the national carbon emissions trading market. It reviews the evolution of the national carbon market, the current state of data infrastructure in the steel sector, and the quota allocation methods used in pilot carbon markets. These are compared with international practices (like the EU ETS) to assess the implications of different allocation methods (historical vs. benchmark) and forecast the potential timeline and challenges for the steel industry&#8217;s inclusion.<\/p>\n","protected":false},"featured_media":3454,"template":"","meta":{"_acf_changed":false,"igdp_summary":"This policy brief analyzes the prospects and necessary groundwork for incorporating China's steel industry into the national carbon emissions trading market. It reviews the evolution of the national carbon market, the current state of data infrastructure in the steel sector, and the quota allocation methods used in pilot carbon markets. These are compared with international practices (like the EU ETS) to assess the implications of different allocation methods (historical vs. benchmark) and forecast the potential timeline and challenges for the steel industry's inclusion.","igdp_featured_media":3454,"igdp_download_file":1654,"igdp_external_url":"","igdp_key_info":"","igdp_related_insights":[]},"insight_type":[214],"insight_region":[45],"igdp_topic":[160,149,153],"class_list":["post-3453","insight","type-insight","status-publish","has-post-thumbnail","hentry","insight_type-policy-brief","insight_region-china-national","igdp_topic-ccnt","igdp_topic-green-economics","igdp_topic-industry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/insight\/3453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/insight"}],"about":[{"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/types\/insight"}],"version-history":[{"count":9,"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/insight\/3453\/revisions"}],"predecessor-version":[{"id":4765,"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/insight\/3453\/revisions\/4765"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/media\/3454"}],"wp:attachment":[{"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/media?parent=3453"}],"wp:term":[{"taxonomy":"insight_type","embeddable":true,"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/insight_type?post=3453"},{"taxonomy":"insight_region","embeddable":true,"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/insight_region?post=3453"},{"taxonomy":"igdp_topic","embeddable":true,"href":"https:\/\/www.igdp.cn\/en\/wp-json\/wp\/v2\/igdp_topic?post=3453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}