China announced plans on Wednesday to better measure the carbon content of its products — a key step in reaching its own climate goals and meeting tougher carbon standards overseas.
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The new "carbon footprint management system" detailed by the Ministry of Ecology and Environment will go into effect in 2027, setting standards for measuring carbon emissions for about 100 key products throughout the Chinese economy, according to a policy document.
At first, the Chinese calculation standards will apply to high-emitting products such as coal and natural gas as well as export products like steel, aluminium, lithium batteries and electric vehicles.
The ministry said it hoped to expand the guidance to 200 products by 2030.
It said the new standards would help drive low-carbon consumption, with local governments urged to develop pilot programmes and policies to encourage the use of lower-emissions products.
Analysts said the calculations could also play a key part of China's efforts to reduce emissions associated with product manufacturing — and avoid trade tensions and high import tariffs under the European Union's new carbon border tax.
The move shows China is working to catch up with EU legislation that already «has set clear rules on the measuring and disclosure of product carbon footprints,» said