Guangdong offset auction clears at 37% premium « Carbon Pulse

Guangdong offset auction clears at 37% premium

Published 09:36 on June 8, 2018  /  Last updated at 16:26 on June 8, 2018  /  China, China's Offset Market, China's Pilot Markets  /  No Comments

Over 300,000 local forest carbon offsets were sold in an auction on the China Emissions Exchange in Guangzhou Thursday at 37% above the price floor, but marginally below the daily secondary-market closing price for allowances.

Over 300,000 local forest carbon offsets were sold in an auction on the China Emissions Exchange in Guangzhou Thursday at 37% above the price floor, but marginally below the daily secondary-market closing price for allowances.

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