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China’s Tianjin starts carbon trading at half Guangdong’s price

Posted on 30 December 2013

China’s northern municipality of Tianjin started carbon trading at prices less than half of what companies in the southern province of Guangdong are paying.
Five trades for 45,000 metric tons of carbon were done for as much as 28 yuan ($4.61) a ton on the Tianjin Climate Exchange, according to a statement on its website today. Permits on the China Emissions Exchange in Guangdong, the world’s largest after the European Union, sold last week for as much as 61 yuan, the highest in the nation………………………………………..Full Article: Source


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