Bloomberg: Chinas southern province of Guangdong began trading permits on the worlds second-biggest emissions-trading system at the highest price in the nation.
Seven trades covering 120,029 metric tons of carbon emissions were completed at 60 yuan ($9.90) to 61 yuan a ton on the first day at the China Emissions Exchange, it said yesterday in an e-mailed statement.
Guangdong, capping emissions at 388 million tons this year, will be the biggest carbon market after the system in the European Union, Charlie...