摘要
Since it started trading on July 16,2021, China’s carbon market has been operating efficiently, with total trading volume in the past year hitting 194 million tons and turnover totaling 8.49 billion yuan ($1.27 billion). The transaction price has been in an upward spiral and now stands at 60 yuan ($8.95) per ton, up from 48 yuan ($7.2) per ton at the opening on the first trading day. All in all, this active carbon emissions trading has become an important tool for China to reach the goals of peaking carbon emissions and reaching carbon neutrality.