No CO2 allowances sell in Guangdong auction as bids below threshold

Published 08:52 on June 8, 2016  /  Last updated at 09:45 on June 8, 2016  /  Asia Pacific, China  /  No Comments

Guangdong sold none of the CO2 allowances on offer on Wednesday in its fourth and final auction for the 2015 emissions year, as the number of bids that came in were below the minimum threshold, the Guangdong carbon exchange said, while secondary market prices fell to new record lows.

Guangdong sold none of the CO2 allowances on offer on Wednesday in its fourth and final auction for the 2015 emissions year, as the number of bids that came in were below the minimum threshold, the Guangdong carbon exchange said, while secondary market prices fell to new record lows.

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