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Carbon permits rise on China’s first market to exceed EU price

Posted on 22 August 2013

Carbon permits rose on the Shenzhen Emissions Exchange, the first of seven trial markets in China, to a price exceeding those in Europe, according to Bloomberg New Energy Finance.
Shenzhen carbon allowances for 2013 increased to 43 yuan ($7) a metric ton yesterday, up from 28 to 32 yuan a ton on June 18, the first day of trading, said Charlie Cao, a Beijing-based analyst for New Energy Finance………………………………………..Full Article: Source


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