China launched its national emissions trading system (ETS) in 2021, becoming the world's largest carbon market by emissions coverage. As of April 2024, carbon prices of China's national ETS hovered around 12.5 USD/tCO₂e. The China national ETS builds on the seven pilot projects that have been implemented in seven cities and provinces across the country. These pilot ETS will continue to operate alongside the national ETS, covering emissions not yet included in the national system.
Carbon prices for emissions trading systems (ETS) in China from 2014 to 2024
(in U.S. dollars per metric ton of carbon dioxide equivalent)
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World Bank. (May 21, 2024). Carbon prices for emissions trading systems (ETS) in China from 2014 to 2024 (in U.S. dollars per metric ton of carbon dioxide equivalent) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1474955/carbon-prices-in-china-by-ets/
World Bank. "Carbon prices for emissions trading systems (ETS) in China from 2014 to 2024 (in U.S. dollars per metric ton of carbon dioxide equivalent)." Chart. May 21, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1474955/carbon-prices-in-china-by-ets/
World Bank. (2024). Carbon prices for emissions trading systems (ETS) in China from 2014 to 2024 (in U.S. dollars per metric ton of carbon dioxide equivalent). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1474955/carbon-prices-in-china-by-ets/
World Bank. "Carbon Prices for Emissions Trading Systems (Ets) in China from 2014 to 2024 (in U.S. Dollars per Metric Ton of Carbon Dioxide Equivalent)." Statista, Statista Inc., 21 May 2024, https://www.statista.com/statistics/1474955/carbon-prices-in-china-by-ets/
World Bank, Carbon prices for emissions trading systems (ETS) in China from 2014 to 2024 (in U.S. dollars per metric ton of carbon dioxide equivalent) Statista, https://www.statista.com/statistics/1474955/carbon-prices-in-china-by-ets/ (last visited December 21, 2024)
Carbon prices for emissions trading systems (ETS) in China from 2014 to 2024 (in U.S. dollars per metric ton of carbon dioxide equivalent) [Graph], World Bank, May 21, 2024. [Online]. Available: https://www.statista.com/statistics/1474955/carbon-prices-in-china-by-ets/