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Carbon Market Expands: Steel and Cement Industries Join Trading

Daniel Crosswell||Source: Global Watch Original
Carbon Market Expands: Steel and Cement Industries Join Trading
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Carbon hit 100 yuan per ton. Steel and cement — accounting for 30% of China emissions — are now inside the trading system. Companies face a choice: buy credits or invest in decarbonization.

Who wins, who loses?

Short-term, higher carbon costs push up steel and cement prices. Long-term, early movers in green tech gain a competitive edge.

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