Beijing Starts China’s Third Carbon Exchange With First Trades

Lock
This article is for subscribers only.

Beijing opened the third of seven carbon exchanges planned in China, with first trades in the capital fetching higher prices than debuts in Shenzhen and Shanghai.

Five trades covering a total of 40,800 metric tons carbon emission quotas were completed at prices ranging from 50 yuan ($8.21) to 51.25 yuan a ton on the first day at the Beijing Environment Exchange, it said today in a statement.