Canada vs China: Emissions-weighted carbon price in emissions trading systems

Canada
2.01 constant 2021 US$ per tonne of CO₂ equivalents
in 2025
China
4.72 constant 2021 US$ per tonne of CO₂ equivalents
in 2025
Canada rank
37th
China rank
34th

Emissions-weighted carbon price in emissions trading systems over time

  • Canada
  • China
02468198920072025

How they compare

China currently reports 4.72 constant 2021 US$ per tonne of CO₂ equivalents against 2.01 constant 2021 US$ per tonne of CO₂ equivalents in Canada, a difference of 2.71 constant 2021 US$ per tonne of CO₂ equivalents.

That makes China's figure about 2.3 times Canada's.

The two have swapped places 4 times across 37 shared years of data; in 1989 it was China ahead.

Canada ranks 37th and China ranks 34th of 200 countries.

Canada has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Canada China Difference Ahead
1980s 0 constant 2021 US$ per tonne of CO₂ equivalents 0 constant 2021 US$ per tonne of CO₂ equivalents 0 constant 2021 US$ per tonne of CO₂ equivalents
1990s 0 constant 2021 US$ per tonne of CO₂ equivalents 0 constant 2021 US$ per tonne of CO₂ equivalents 0 constant 2021 US$ per tonne of CO₂ equivalents
2000s 0.0253 constant 2021 US$ per tonne of CO₂ equivalents 0 constant 2021 US$ per tonne of CO₂ equivalents 0.0253 constant 2021 US$ per tonne of CO₂ equivalents Canada
2010s 1.57 constant 2021 US$ per tonne of CO₂ equivalents 0.2308 constant 2021 US$ per tonne of CO₂ equivalents 1.34 constant 2021 US$ per tonne of CO₂ equivalents Canada
2020s 4.8 constant 2021 US$ per tonne of CO₂ equivalents 3.7 constant 2021 US$ per tonne of CO₂ equivalents 1.1 constant 2021 US$ per tonne of CO₂ equivalents Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher emissions-weighted carbon price in emissions trading systems, Canada or China?
China, at 4.72 constant 2021 US$ per tonne of CO₂ equivalents against 2.01 constant 2021 US$ per tonne of CO₂ equivalents in Canada as of 2025.
What is the difference in emissions-weighted carbon price in emissions trading systems between Canada and China?
2.71 constant 2021 US$ per tonne of CO₂ equivalents, with China ahead.
How many years of comparable data are there for Canada and China?
37 years are reported by both, from 1989 to 2025.
How do Canada and China rank globally for emissions-weighted carbon price in emissions trading systems?
Canada ranks 37th and China ranks 34th of 200 countries.
Where does this data come from?
Dolphin and Merkle (2024) – with minor processing by Our World in Data, published as Emissions-weighted carbon price in emissions trading systems. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Emissions-weighted carbon price in emissions trading systems
Unit
constant 2021 US$ per tonne of CO₂ equivalents
Source
Dolphin and Merkle (2024) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
200 places, 7,400 data points, 1989–2025
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.