County uses blue carbon trading to offset emissions
China DailyEditor's note: China Daily is publishing a series illustrating the country's efforts to achieve its carbon peak and carbon neutrality goals. Environmentally friendly composite materials such as carbon fiber are used to replace wooden and foam fishing pontoons in Xiangshan's Huangbi'ao township. PROVIDED TO CHINA DAILY Coastal Xiangshan county in Zhejiang province has turned to blue carbon trading to use the power of the market to mitigate carbon emissions and make a profit. PROVIDED TO CHINA DAILY Jointly built by Ningbo Property Exchange Center, Xiamen Property Rights Trading Center and the Xiangshan local government, a cross-provincial blue ecological carbon account was launched in Xiangshan in March. In 2021, Huangbi'ao township in Xiangshan piloted the replacement of traditional wooden and foam pontoons used in fish farming with environmentally friendly composite materials such as carbon fiber and polyethylene.
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County uses blue carbon trading to offset emissions
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