Hubei Province Starts China’s Second-Biggest Carbon Exchange
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China’s central province of Hubei began trading permits on the nation’s second-largest emission exchange at some of the country’s lowest prices.
The province sold 510,000 metric tons of carbon allowances at 21 yuan ($3.4) each on the first day of trading on the China Hubei Emission Exchange, according to an e-mailed statement today. Some 22 companies participated in 19 trades, it said.