中办国办印发《关于深化生态保护补偿制度改革的意见》
近日，中共中央办公厅、国务院办公厅印发了《关于深化生态保护补偿制度改革的意见》。《意见》要求，到2025年，与经济社会发展状况相适应的生态保护补偿制度基本完备，全社会参与生态保护的积极性显著增强，生态保护者和受益者良性互动的局面基本形成。到2035年，适应新时代生态文明建设要求的生态保护补偿制度基本定型。
《意见》提出，发挥市场机制作用，加快推进多元化补偿。在合理科学控制总量的前提下，建立用水权、排污权、 碳排放权初始分配制度，逐步开展市场化环境权交易。加快建设全国用能权、碳排放权交易市场。将具有生态、社会等多种效益的林业、可再生能源、甲烷利用等领域温室气体自愿减排项目纳入全国碳排放权交易市场。研究发展基于水权、排污权、碳排放权等各类资源环境权益的融资工具，建立绿色股票指数，发展碳排放权期货交易。探索危险废物跨区域转移处置补偿机制。
证券时报·数据宝梳理A股市场中报业绩增长的碳交易概念股名单显示，下半年以来，23股平均上涨31.69%，远超同期大盘表现。19股累计上涨，中国电建借着新能源的东风，以134.29%的涨幅独占鳌头；巨化股份、中泰化学、云铝股份、凯美特气、华自科技累计上涨均逾60%。
中国电建是风光水电行业绝对龙头，间接持有四川联合环境交易所10%股权。公司承担国内大中型水电站80%以上规划设计任务、60%以上建设任务，占有全球50%以上大中型水利水电建设市场。光伏和风电公司承担半数以上规划设计任务，且为国内最大电站辅机制造商。东北证券认为，公司装机容量提升，海内外发展空间广阔。叠加电力市场属性还原，交易电价上涨未来主要趋势，电力相关业务盈利将进一步提升。
中报业绩来看，多达9股翻倍。中材节能、中泰化学、云铝股份业绩增幅均超7倍。中泰化学是全国大型氯碱化工企业，持有新疆碳排放权交易中心10%股权。银河证券认为，公司的PVC、烧碱、粘胶短纤等业务都将开启上行通道，对公司前景表示看好。云铝股份二季度产品量价齐升抵消产能影响，业绩创下历史新高。子公司云南亚能主营碳资产开发经营管理。天风证券表示，高盈利持续+产能爬坡+成本优势三重逻辑，中期将继续支撑公司业绩增长。
综合估值水平考察，中报业绩增幅逾20%且最新市盈率低于20倍的个股仅有4只，分别是中钢国际、海油发展、四川路桥、金融街。从碳交易概念方面看，中钢国际持有中成碳资产38%的股份，后者主营业务为碳资产管理；海油发展和金融街则分别持有北京绿色交易所4%、16%的股权；四川路桥持有铁能电力40%的股权，间接参股四川联合环境交易所40%的股权。

The General Office of the CPC Central Committee and The General Office of the State Council issued opinions on deepening the reform of ecological Protection Compensation System.

The General Offices of the Communist Party of China Central Committee and The State Council have issued a guideline on deepening reform of the compensation system for ecological protection. According to the guideline, by 2025, a compensation system for ecological protection commensurate with economic and social development will be basically complete, the enthusiasm of the whole society to participate in ecological protection will be significantly increased, and a positive interaction between conservationists and beneficiaries will be basically formed.By 2035, a compensation system for ecological protection that meets the requirements of ecological progress in the new era will be basically finalized.

The Opinions put forward that the market mechanism should be brought into play to accelerate the diversification of compensation.On the premise of rational and scientific control of total volume, an initial allocation system for water rights, pollution rights and carbon emission rights shall be established, and market-oriented environmental rights shall be gradually carried out. We will accelerate the development of a national market for trading energy use rights and carbon emission rights.Voluntary greenhouse gas emission reduction projects in forestry, renewable energy, methane utilization and other fields with ecological and social benefits will be included in the national carbon emission trading market. Research and develop financing tools based on water rights, sewage rights, carbon emission rights and other resources and environmental rights, establish green stock indexes, and develop carbon emission rights futures trading. We will explore compensation mechanisms for trans-regional transfer and disposal of hazardous waste.

Securities Times · Data Bao combs the list of carbon trading concept stocks reporting growth in the A-share market and shows that since the second half of the year, 23 stocks have risen by 31.69% on average, far exceeding the performance of the market in the same period. 19 shares rose, power China by new energy dongfeng, with 134.29% of the rise in the first;Giant Chemical, Zhongtai Chemical, Cloud aluminum, Kaimete Gas, Huazi Technology up more than 60%.

Power China is the absolute leader in the landscape hydropower industry and indirectly holds 10% of the stake in Sichuan United Environment Exchange. The company undertakes more than 80% of the planning and design tasks and more than 60% of the construction tasks of large and medium-sized hydropower stations in China, and occupies more than 50% of the global market of large and medium-sized hydropower construction.Pv and wind power companies undertake more than half of the planning and design tasks, and are the largest manufacturer of power station auxiliary equipment in China. Northeast securities believes that the installed capacity of the company increases, and the development space at home and abroad is broad.Superimposed on the reduction of power market attributes, the main trend of transaction price rise in the future, electricity related business profits will further improve.

Interim results, as many as 9 doubled.Sinoma energy saving, Zhongtai Chemical, cloud aluminum share performance growth of more than 7 times. Zhongtai Chemical is a large chlor-alkali chemical enterprise in China and holds 10% equity in Xinjiang Carbon Emission Trading Center.Galaxy securities, the company's PVC, caustic soda, viscose staple fiber and other businesses will open up the channel, the company's prospects are optimistic. Cloud aluminum shares in the second quarter of product volume and price to offset the impact of capacity, performance hit a record high. Subsidiary Yunnan Aneng is mainly engaged in carbon asset development and management. Tianfeng securities said, high profitability continued + capacity climb + cost advantage triple logic, will continue to support the company's performance growth in the medium term.

According to the comprehensive valuation level, only 4 stocks, namely Sinosteel International, Haiyou Development, Sichuan Luqiao and Financial Street, have reported a performance increase of more than 20% and the latest p/E ratio is less than 20 times. From the perspective of carbon trading concept, Sinosteel International has a 38% stake in Sinocheng Carbon Asset, which is mainly engaged in carbon asset management. Cnooc Development and Financial Street respectively hold 4% and 16% of the shares of Beijing Green Exchange.Sichuan Luqiao has a 40 per cent stake in Tieneng Power and an indirect 40 per cent stake in Sichuan United Environment Exchange.