China Steps Up Carbon Reporting for Petchems, Copper, Airlines

The Chinese environment ministry has asked petrochemicals plants, copper smelters, airlines and other heavy polluters to report their emissions, a key step to expanding the nation’s carbon market.

Companies with emissions equivalent to at least 26,000 tons of CO2 must submit their data for last year by the end of March, the ministry said in a notice released on Monday. Other sectors subject to the mandatory reporting requirement include chemicals, glass and papermaking.