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Chinese CO2 permits to trade below $5: consultant survey

Posted on 08 November 2013

Carbon emission permits in China’s fledgling CO2 markets will trade below $5 a ton in initial years, lower than the crisis-hit European market, a survey found on Thursday. Consultancy Climate Bridge’s survey found companies expected trade to be hampered by a lack of regulation.
The world’s biggest-emitting nation, China is launching pilot markets in its regions as a first step to building a national emissions trading scheme to rein in its output of heat-trapping gases blamed for causing climate change………………………………………..Full Article: Source


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