Shanghai carbon auction clears at floor price

Published 08:37 on January 3, 2023  /  Last updated at 08:37 on January 3, 2023  /  Asia Pacific, China  /  No Comments

Shanghai sold only around half of the 3 million CO2 allowances on offer at its latest auction, which was held for emitters still needing to acquire units for 2021 compliance, with the sale clearing at the floor price.

Shanghai sold only around half of the 3 million CO2 allowances on offer at its latest 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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