New index expects China’s national CO2 price to open below $4

Published 12:57 on July 12, 2016  /  Last updated at 16:48 on July 12, 2016  /  China, China's National ETS  /  No Comments

Beijing-based Central University of Finance and Economics on Tuesday launched the Carbon Market Confidence Index (CMCI), showing that market participants expect the price in the national emissions trading scheme to open at around 26 yuan ($3.89), well below previous forecasts by analysts.

Beijing-based Central University of Finance and Economics on Tuesday launched the Carbon Market Confidence Index (CMCI), showing that market participants expect the price in the national emissions trading scheme to open at around 26 yuan ($3.89), well below previous forecasts by analysts.

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