Tianjin auction offers cheap lifeline for emitters, quick profit for investors

Published 14:51 on June 9, 2020  /  Last updated at 00:30 on June 10, 2020  /  China, China's Pilot Markets  /  No Comments

China’s Tianjin has set the price floor for the market’s annual CO2 allowance auction on Wednesday, offering emitters and investors a shot at securing permits at as much as 25% below the secondary market.

China’s Tianjin has set the price floor for the market’s annual CO2 allowance auction on Wednesday, offering emitters and investors a shot at securing permits at as much as 25% below the secondary market.

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