China will steadily control exports of some high carbon petrochemical products, reports Energy Connects quoting the Ministry of Industry and Information Technology (MIIT).
China to control exports of high carbon petrochemical products
A statement said, “We will promote refining and chemical projects to reduce the output of refined oil products and to increase chemical products, and to extend the petrochemical industry chain.”
The ministry did not elaborate on the details of what restrictions they will implement. However, it said that China will strictly control new capacity in its oil refining industry.
Better technology to cut emissions
Through their new policies they will decrease both inefficient and outdated production capacity. In its statement, the ministry urged refiners to adopt better technology in order to reduce emissions as the country wants to improve its air quality as they meet their climate change pledges.
China is the world’s biggest greenhouse gases emitter. The country has been working on cutting export quotas of refined oil products in order to avoid overprocessing.
They want to cut emissions of volatile organic compounds (VOCs) in 2025 by 10 percent from 2020 levels.
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Source: Energy Connects