Towards the "Dual Carbon" Goals, Sinopec Calls for Building CCUS into China's Voluntary Emission Reduction System
Chemical recycling of waste plastics viewed as key approach in advancing sustainability of chemical industry
CCUS is a key decarbonization technology with the potential to significantly reduce emission and be a key contributor on the path to achieve the "Dual Carbon" goals. While
Ma's proposal of including CCUS projects into
"In the meantime, it's crucial to conduct and publish CCUS methodology research at the national level, or accredit methodological research completed by companies and publish timely to promote the scaled development of CCUS projects," noted Ma.
He suggests amending the CCUS industry regulations, institutional and legal framework, and technical specifications to launch national standards of quantitative CCUS certification, and exploring the supporting policies such as CCUS tax preference and subsidy incentives towards achieving the goal of carbon neutrality.
Chemical recycling of waste plastics is a sustainable "waste to wealth" approach of advancing the green transformation of the refining and chemical industry and part of the circular economy roadmap to improve resource utilization rate and reduce GHG emissions. While
Ma has proposed to accelerate top-level planning and promote companies to establish national innovation centers, continue to tackle core technologies, and strengthen commercial development and resources utilization under government guidance to further promote the green transformation of the industry.
For more information, please visit Sinopec.
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SOURCE SINOPEC