Asia Pacific > Shanghai sells all allowances on offer at CO2 auction

Shanghai sells all allowances on offer at CO2 auction

Published 04:21 on June 3, 2024  /  Last updated at 04:21 on June 3, 2024  /  Asia Pacific, China

The Shanghai municipal government on Friday sold all 1 million CO2 permits that were on offer, with the sale clearing in line with the secondary market, well above the auction’s price floor.
The Shanghai municipal government on Friday sold all 1 million CO2 permits that were on offer, with the sale clearing in line with the secondary market, well above the auction’s price floor.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.