News Article

China has seen over 194 million metric tons of carbon emission allowances change hands for almost 8.5 billion yuan ($1.3 billion) since the launch of its carbon trading market a year ago, according to authorities.

A cross-border carbon trade was made recently by Xiongan New Area in Hebei province using a carbon asset from 675,000 kilowatt-hours of solar energy capacity that were exchanged with a power generation company and hardware corporation in Australia.