The implementation of "carbon tariff" is imminent. How can lubricating oil enterprises provide carbon reduction and lubrication solutions for the industrial sector
March 08, 2023
After the "double carbon" goal, a new term - carbon tariff has been born in recent years. The so-called carbon tariff is a new "green trade barrier" that charges carbon dioxide emissions tariffs on high-carbon products produced by countries and regions. From January 1, 2023, the preparation period of carbon tariffs will begin, and the implementation phase will officially begin on January 1, 2027. At present, the first legislative mechanism has been completed by the European Union's Carbon Border Regulation Mechanism (CBAM), which has designated crude oil, steel, power generation, cement, aluminum, plastics, organic chemistry and other industries as high carbon industries. As a large industrialized manufacturing country, the implementation of carbon tariffs has a significant impact on China's high-carbon industry exports. The EU also listed the mechanical and electrical products, metal products, textiles, chemicals and other products exported to China in the carbon leakage list.
In terms of the current global development situation, for enterprises, strengthening green and low-carbon development, improving technical competitiveness in the "carbon neutral" track, optimizing and adjusting the product structure, and reducing carbon emissions are the top priority of reducing carbon tariff costs and improving the core competitiveness of export products in the global market. What is the relationship between this and lubricating oil? How can we help industrial enterprises reduce carbon production and reduce the cost of carbon tariffs? It is reported that the corporate cooperative customers of lubricating oil include power generation, chemical industry, aluminum products, manufacturing industry, textile industry, etc. Many corporate customers fall within the scope of carbon tariff collection defined by the EU. In order to help enterprises cooperate with customers to achieve carbon reduction production and reduce carbon tariffs from the source, large lubricating oil enterprises have brought industrial low-carbon oil solutions to industrial users. Specifically, it includes low carbon hydraulic oil, low carbon turbine oil, low carbon industrial gear and other low carbon lubricating oil products. It is worth mentioning that among these industrial low-carbon oil solutions, the carbon reduction performance of each low-carbon lubricating oil product has been certified by an authoritative third-party organization. The original intention of carbon tariff implementation is to deal with the global climate change crisis in the future, but in actual operation, it will inevitably cause green trade barriers due to the different development levels of each country. In the future, based on the technical advantages in the field of industrial low-carbon lubrication, lubricating oil will increase the investment in low-carbon core technology and provide more high-quality and reliable low-carbon lubrication solutions for the industrial industry, which is the implementation of carbon tariffs.
