The second Global Green Economy Summit was held in Shanghai on June 8. During this time, the World Resources Institute **Jonathan Rush said in an interview with media including Tencent Finance that if the carbon price reaches 20-30 US dollars, Then by 2020, the carbon emissions market will be able to realize 100 billion US dollars. “In the next 10 to 20 years, carbon emissions will have a price, and the price will rise. There will be tension and conflict in carbon trading,†Rush said. He also stated that he hopes to promote the carbon emission measurement standards developed by the institute in China. At present, the standard has been widely used in EU countries. Regarding the bottleneck faced by SMEs in terms of green issues, Rush told Tencent that many countries have begun to make a difference. For example, the "green credit" launched by banks has achieved good results. He suggested that SMEs can unite as a whole to gain credit. According to statistics, as of the first quarter of 2010, ICBC supported more than 2,200 green credit projects, and the outstanding balance was more than RMB 420 billion. Among them, the balance of projects in environmental protection key projects, new energy development or utilization areas exceeded RMB 110 billion; The Bank's credit balance in green new energy and low carbon exceeded 180 billion yuan. Rush believes that the issue of carbon emissions has become a global issue. The key to consensus is the United States. The Clean Energy Security Act is an important measure for the United States to deal with climate change. However, due to its current obstruction in the United States Senate, the prospects are not clear. He predicted that the possibility that the United States will pass the bill this year is very small, and that Europe is also grappling with the debt crisis and has no regard for carbon emissions. He admits, "I don't think much of the climate conference in Cancun, Mexico, at the end of this year. expect". kaiping aida sanitary ware technology co.,ltd , https://www.kpaidafaucets.com
The carbon emissions market will reach 100 billion U.S. dollars by 2020