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International Emissions Trading Association Welcomes Start of Trading in China's Nationwide Carbon Market
July 17, 2021
GENEVA, Switzerland, July 17 -- The International Emissions Trading Association issued the following news release:

IETA welcomes the successful launch of trading operations in China's nation-wide emissions trading system, with the news on Friday that the first deal was closed at the price of 52.78 RMB/t (US$8.24/t) for a volume of 160,000 tonnes. The deal was worth some 7.9 million RMB (US$1.23 million).

Chinese Emission Allowance prices rose by the maximum daily l . . .

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