Asia Pacific > China’s Tianjin to auction 2 mln CO2 allowances on June 10

China’s Tianjin to auction 2 mln CO2 allowances on June 10

Published 12:02 on June 1, 2020  /  Last updated at 01:23 on June 3, 2020  / Stian Reklev /  Asia Pacific, China

The Tianjin municipal government will auction off 2 million carbon permits under its pilot emissions trading scheme on June 10 to help firms meet 2019 compliance, with prices likely to come in well below current secondary market levels due to how the price floor is calculated.
The Tianjin municipal government will auction off 2 million carbon permits under its pilot emissions trading scheme on June 10 to help firms meet 2019 compliance, with prices likely to come in well below current secondary market levels due to how the price floor is calculated.


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