Baosteel subsidiary launches tender to offload surplus CO2 permits

Published 04:13 on December 14, 2016  /  Last updated at 15:36 on December 14, 2016  /  China, China's Offset Market, China's Pilot Markets  /  No Comments

A subsidiary of Baosteel, China’s biggest steel maker, has issued a tender to sell 300,000 Guangdong Emissions Allowances in a move observers say is a result of the government’s efforts to slash overcapacity in the steel sector.

A subsidiary of Baosteel, China’s biggest steel maker, has issued a tender to sell 300,000 Guangdong Emissions Allowances in a move observers say is a result of the government’s efforts to slash overcapacity in the steel sector.

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