Recently, the national carbon emission trading system was officially launched in China.
What is carbon trading?
In order to protect the planet, China officially defined its “carbon peak” and “carbon neutral” goals in 2020. To ensure that the target is achieved on schedule, the total annual carbon dioxide emissions will need to be limited in the future. Just like the credit card will set a limit, the next will be based on this allocation of carbon emission credits for each enterprise. However, due to various reasons, it is inevitable that some companies will exceed the quota. On the other hand, companies that are good at energy saving and emission reduction will have a balance. At this point, companies with excess carbon emissions can purchase a certain amount of “balance” from companies with a balance. This is carbon trading.
The official launch of the carbon emissions trading system in China will have a significant impact on the tire industry.
It will have the following effects:
1. The requirements for the production equipment and environmental protection of tire factories will become higher and higher, which will virtually increase the investment of factories.
2. For those tire factories with outdated equipment, they will be unable to produce normally due to environmental problems or excessive carbon emissions.
3. For low-carbon emission companies, it can make profits and reduce costs. But for companies with high carbon emissions, they have to buy carbon emission indicators, which increases their costs, and low-carbon companies will be more competitive in the market.
4. Make regular tire factories more competitive in the market, eliminate outdated production capacity, and accelerate industrial upgrading. Therefore, it is very important for tire dealers to choose the right partner.
Only those companies with strength and technology can continue to develop steadily in such an environment.
