SK Market: Auction interest remains dim as lack of policy clarity sends KAU price crashing

Published 08:30 on December 14, 2022  /  Last updated at 08:30 on December 14, 2022  /  Asia Pacific, South Korea  /  No Comments

Only four companies participated at Wednesday’s monthly KAU auction, with the clearing price dropping to a record low as traders await clarity on when the Korean carbon market will be aligned with the nation’s increased ambition under the Paris Agreement.

Only four companies participated at Wednesday’s monthly KAU auction, with the clearing price dropping to a record low as traders await clarity on when the Korean carbon market will be aligned with the nation’s increased ambition under the Paris Agreement.

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