Cement, electrolytic aluminum industry will likely be priority into the national carbon trading market

Reporters learned from the relevant channels that the cement and electrolytic aluminum industries with good carbon emission data basis may be prioritized into the national carbon trading market.In addition to electricity, the remaining seven industries, including petrochemical, chemical, building materials, steel, non-ferrous metals, papermaking and aviation, will be gradually included in the national carbon market under the keynote of "smooth docking and smooth transition".Industries not yet included in the national market will continue to trade in pilot markets.Therefore, in the coming period, the pilot market and the national market will be parallel.

Electrolytic aluminum is an industry with high energy consumption and high carbon emission.The carbon emission of one ton of electrolytic aluminum is 6.2 times that of steel. In 2019, China's carbon emission of electrolytic aluminum reached 430 million tons, accounting for about 5% of the country's total carbon emission.In this context, recycled aluminum is expected to become the mainstream.Compared to the carbon emission of electrolytic aluminum per ton (11.2 tons), the carbon emission of recycled aluminum produced by recycling is only 0.23 tons.

The world currently produces about 95 million tons of aluminum products, of which 34 percent is recycled aluminum and the rest is electrolytic aluminum.Relevant statistics show that in 2019, China's recycled aluminum accounted for about 16%, much lower than major developed countries.Taking into account the current supply of scrap aluminum, the support of industrial policy and the market expansion of downstream applications of recycled aluminum in China, the recycled aluminum industry in China has a broad development space.