illuminem summarizes for you the essential news of the day. Read the full piece on Reuters or enjoy below:

🗞️ Driving the news: China will issue 70 national standards in 2024 focused on carbon footprints, energy efficiency, and carbon capture, utilization, and storage, according to a statement by the state planner

🔭 The context: This initiative is part of China's broader strategy to achieve peak carbon emissions and enhance its environmental governance, including the establishment of 100 carbon emission management standardization pilots by 2025

🌍 Why it matters for the planet: These standards are crucial for reducing greenhouse gas emissions, improving energy efficiency, and promoting sustainable practices, aligning with global efforts to combat climate change

⏭️ What's next: The implementation of these standards will likely influence both domestic and international markets, pushing industries to adopt greener technologies and practices

💬 One quote: "China's commitment to carbon standards is a significant step in global climate leadership," said an unnamed state planner official

📈 One stat: China aims to build 100 carbon emission management standardization pilots by 2025

Click for more news covering the latest on carbon