Beijing carbon auction clears at floor price

Published 03:56 on November 24, 2022  /  Last updated at 07:48 on November 24, 2022  /  Asia Pacific, China  /  No Comments

Beijing sold only around half of the 2 million allowances on offer at Wednesday’s auction, which was held for emitters still needing to acquire units for 2021 compliance, with the sale clearing at the floor price.

Beijing sold only around half of the 2 million allowances on offer at Wednesday’s auction, which was held for emitters still needing to acquire units for 2021 compliance, with the sale clearing at the floor price.

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