The Chongqing Municipal Development and Reform Commission revealed at a bi-monthly press conference that Chongqing is carrying out pilot work on carbon emissions trading and is striving to complete the first transaction this year. The implementation plan for Chongqing's carbon emissions trading has now been completed and is planned to be submitted to the state for approval in the near future. Pilot companies are mainly concentrated in six high-energy-consuming industries such as electrolytic aluminum, ferroalloy, calcium carbide, caustic soda, cement, and steel.
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